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BSE SENSEX
73,730.16
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Corporate Announcement
Security Code
535789
Company
Indiabulls Housing Finance Ltd
Exchange Received Time
20/11/2018 20:33:42
Exchange Disseminated Time
20/11/2018 20:33:47
Time Taken
00:00:05
Indiabulls Housing Finance Raises Rs 23,615 Crores In The Last 2 Months |
11/20/2018 8:33:42 PM
This is to inform that as an aftermath of ILFS default, the liquidity issue for NBFC/ HFC sector started on September 21st, 2018. Since then in the last 2 months, Indiabulls Housing Finance has raised Rs 23,615 crores from 32 financial institutions in various debt instruments, securitization and sanctions. Of the total of Rs 23,615 crores raised, Rs 17,410 crores 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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