The board of Indiabulls Housing Finance has approved the appointment of Dinabandhu Mohapatra as an Independent Director (Additional Director), on the Board of Directors of the Company
Its total income fell to Rs 2,233.07 crore, from Rs 2,988.07 crore a year ago
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The mortgage lender has said the proceeds will be used to bolster the capital adequacy ratio of the lender.
The proceeds will be used to bolster the capital adequacy ratio of the lender
Earlier this month, the mortgage lender sold a part of its stake in the UK-based lender to HighSage Ventures, a Boston-based investment firm, for Rs 440 crore
The rating committee of Brickwork Ratings has assigned short term rating at ''BWR A1+''. The long term rating has been reaffirmed at ''BWR AA+'', the company said in the regulatory filing
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The non-banking finance company (NBFC) has raised Rs 682.87 crore through the QIP and Rs 522 crore from the partial stake sale
The company invested Rs 663 crore for a 40 per cent stake in OakNorth Bank in November 2015
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Indiabulls Housing Finance launched its QIP (qualified institutional placement) and set the floor price at Rs 206.70 per equity share for the issue
Firms signed a similar deal 3 months ago
For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore
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The announcement came after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect.
Executive chairman Sameer Gehlaut will be CEO at Indiabulls Ventures
Gehlaut has taken up the role of Non-Executive, Non-Independent Director of the company
Gehlaut may step down as chairman, cease being majority stakeholder
The lender made extra provisions of Rs 700 crore on account of Covid-19 equivalent to 1 per cent of the loan book.