Indiabulls Housing Finance raises Rs 23,615 crore in last 2 months

Indiabulls Housing Finance announced that as an aftermath of ILFS default, the liquidity issue for NBFC/ HFC sector started on 21 September 2018. Since then in the last 2 months, Indiabulls Housing Finance has raised Rs 23,615 crore from 32 financial institutions in various debt instruments, securitization and sanctions. Of the total of Rs 23,615 crore raised, Rs 17,410 crore is in the nature of long term debt. The above mentioned fund raising is in line with the Company's objectives of maintaining high liquidity and sustainable growth

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