 "'Freak trade': Investors push up yields of Indiabulls Housing bonds to 43%")
After stabilising its balance sheet over three quarters (till September 2022), mortgage lender Indiabulls Housing Finance Ltd (IHFL) expects its Assets under Management (AUM) to grow in FY23. The firm is looking at disbursing Rs 4,000 crore in retail loans and Rs 700-800 crore in the wholesale segment to complete projects.
IHFL's balance sheet and AUM have stabilised. The base has been formed for 10 per cent year-on-year growth in loans this financial year. The growth has been flattish, quarter on quarter, said Gagan Banga, IHFL vice-chairman and managing director, in an analyst call.
The company's balance sheet size declined
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