Indiabulls Housing Finance is planning to raise Rs 50,000 crore in next fiscal to fund its expected 15-20 per cent loan growth which will take its balance sheet near to the pre-pandemic peak when it had crossed the Rs 1 lakh crore mark.
The company’s outstanding loan book stood at Rs 74,800 crore as of end February, which is flat at the previous year's level and if it grows by the upper end of the target it may close the next fiscal with around Rs 90,000 crore of loan book/AUM.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).
