Indiabulls Housing Finance is planning to raise funds through issuance of secured and/or unsecured bonds, in one or more tranches, on private placement basis, subject to the approval of the members of the Company, and other regulatory and/or statutory approvals, as applicable. A meeting of the Board constituted Committee of the Company is scheduled to be held on March 22, 2022 to consider and approve the same.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).