Indiabulls Housing Finance has sold to a real estate developer in Delhi a property belonging to Yes Bank Cofounder Rana Kapoor for Rs 114 crore, said three people aware of the development. To recoup nearly Rs 240 crore, it had loaned to Bliss Villa, a company where Kapoor was the guarantor, the mortgage lender sold at […]
Indiabulls Housing Finance auctions Rana Kapoor’s property for Rs 114 crore.more
By Abhay Shah, Realty Quarter Emitting for the assurance of having the regulatory approval for merger with Lakshmi Vilas Bank in two months and the combined company to be functional by next March, Indiabulls Housing Finance on Tuesday said it would become an SME-focused bank if the merger passed. Also, promoters leaving the real estate […]
Indiabulls to become SME-focused bank after successfully getting merged with Lakshmi Vilas Bank.more By Abhay Harish Shah , Realty Quarter In a share swap deal, Lakshmi vilas bank (Indian Private Sector Lender) is going to merge with India bulls (Housing Finance Firm). The company said “Shareholders of Chennai based bank will get approx 0.14 share in India bulls for each share held. Further, Lakshmi Vilas Bank said, this […]
Lakshmi Vilas Bank tie-up with Indiabulls Housing Finance.more