 "'Freak trade': Investors push up yields of Indiabulls Housing bonds to 43%")
Indiabulls Housing Finance (IBHFL) has booked business worth Rs 500 crore through the co-lending model route in five months of the current financial year and expects to scale it up to Rs 300 crore in September.
At the start of FY22, the mortgage lender tweaked the business model to incrementally focus on the co-lending space by sharing risks and loan book with other banks or housing finance companies (HFCs).
At present, it has tie-ups with five financial sector players — HDFC, Canara Bank, Central Bank of India, YES Bank and RBL Bank.
Gagan Banga, vice-chairman of IBHFL,
At the start of FY22, the mortgage lender tweaked the business model to incrementally focus on the co-lending space by sharing risks and loan book with other banks or housing finance companies (HFCs).
At present, it has tie-ups with five financial sector players — HDFC, Canara Bank, Central Bank of India, YES Bank and RBL Bank.
Gagan Banga, vice-chairman of IBHFL,
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