Page 4 - Indiabulls Housing Finance Limited

DHFL, Indiabulls Housing, RCap, RInfra tank over 50% in one month

In the past one month, the S&P BSE Sensex and S&P BSE Midcap index were up 2 per cent and 4 per cent, respectively.

RBI rejection of LVB deal surprising, had govt backing: IndiaBulls MD Banga

The uncertainty over the deal as well as legal woes have led to a run on the stock valuations of both the companies which have lost nearly half of their pre-merger-announcement value

LVB to continue fund raising after RBI rejected merger with IndiaBulls

The decision taken by the RBI brings to an end the uncertainty and the financial institution would continue to raise capital as per the permitted modes in compliance with all applicable regulations

RBI's 'no' to Indiabulls-Lakshmi Vilas Bank merger fans contagion risks

On Wednesday evening, the Reserve Bank of India quashed a proposed merger of Indiabulls Housing Finance Ltd., one of the country's largest real-estate lenders, with Lakshmi Vilas Bank Ltd

RBI rejects merger of lndiabulls Housing Finance with Lakshmi Vilas Bank

The bank had sought approval from the Reserve Bank of India (RBI) on May 7, 2019

Govt to submit probe report on Indiabulls by the end of October

Indiabulls Housing Finance, Indiabulls Ventures, Indiabulls Real Estate are being probed for potential wrongdoing by the Registrar of Companies

Rate sensitives plunge on panic selling in banks; YES Bank tumbles 30%

Based on publically available data, analysts at Macquarie said in a recent report that YES Bank, Bank of Baroda (BOB) and IndusInd Bank are the most exposed to Indiabulls Group

Indiabulls seeks early hearing on fraud charges after record share slump

The development represents an effort to get out ahead of recent headlines that contributed to its share price losing an unprecedented 34% slump on Monday. Shares rebounded 5% on Tuesday

Indiabulls Housing Finance shares fall 34% on concerns over LVB merger

The RBI placing Lakshmi Vilas Bank under PCA framework amidst the proposed merger, and litigation against the housing financier are perceived negatively by investors

LVB under pressure as RBI initiates PCA; Indiabulls Hsg Fin tanks over 30%

Both LVB and Indiabulls Housing Finance are proposed to merge. Last month, IBHFL said it expects the regulator to take a decision on its merger plan with Lakshmi Vilas Bank in the next two months.

Indiabulls Real Estate hits over 3-year low; Indiabulls Ventures tank 19%

Thus far in the July-September quarter, the market price of Indiabulls Real Estate more than halved from level of Rs 114, as compared to 1.5 per cent decline in the S&P BSE Sensex.

ICRA downgrades Indiabulls Housing long-term ratings to AA+ from AAA

The realty sector has been hit by subdued sales and rising challenges on the funding front, said ICRA

I felt time was right for me to go: LVB MD & CEO Parthasarathi Mukherjee

Claims he resigned for personal reasons, adds that a new person at the helm may succeed where he failed

Nestle India set to replace Indiabulls Housing in Nifty next month

So far, Nestle India wasn't part of the Nifty even as its total market cap exceeds over half of Nifty components

IHFL's real estate exposure a challenge for merger with Lakshmi Vilas Bank

While wholesale book is down to 16% in Q1, it may still be outside the regulator's comfort zone

Indiabulls Housing falls 9% on weak Q1 results, worsened asset quality

The NBFC's gross non-performing asset ratio rose to 1.47 percent from 0.88 per cent and the net NPA ratio increased to 1.1 per cent from 0.69 per cent in March quarter.

Indiabulls Housing Finance to buy back bonds worth up to $50 mn

The buyback is part of the company's $ 1.5 billion secured euro medium-term note programme

Indiabulls HFC to buy back NCDs, masala bonds worth Rs 2,705 crore

Indiabulls Housing Finance and Indiabulls Commercial Credit Limited (ICCL) are slated to merge with Lakshmi Vilas Bank Limited (LVB)

Indiabulls Fin to buyback NCDs, masala bonds worth Rs 2,705 cr in Sept

The company has already initiated the approval process with Reserve Bank for the early redemption of the masala bonds

Indiabulls approaches SC, seeks early hearing in petition against it

Top court says matter to be listed only in July; Indiabulls claims petition was filed only to blackmail the company