image.png

              April 21, 2021

Subject: Indiabulls Housing Finance Ltd. ties up with HDFC Ltd. for Co-Lending Partnership

Indiabulls Housing Finance Limited (“IBH”) has entered into a strategic co-lending partnership with HDFC Ltd to offer housing loans to homebuyers at competitive rates.

Incorporated in 1977, HDFC Ltd is the market leader in the housing finance industry in India with assets under management of ₹ 5,52,167 Crore as at end of December 2020. HDFC Ltd is a gold- standard financial services company and is rated at the highest long term rating of AAA by CRISIL, ICRA and CARE Ratings. HDFC Ltd’s long track record and experience as India’s premier housing finance company has helped it build strict underwriting standards and risk management procedures.

IBH    will    originate    retail    home    loans    as    per     jointly    drawn    up    credit    policy and retain 20% of the loan in it's books and 80% will be on HDFC books. IBH will service the loan account throughout the life cycle of the loan. Co-lending partnership with HDFC Ltd will act as a cornerstone to IBH’s new balance-sheet light growth business model. Moreover, technology led co-lending will help IBH offer convenient and seamless experience to its customers as well as help expand its reach to Tier III and IV towns of the country.

Comments

Post a Comment

Popular posts from this blog

Mukka Proteins Limited

Image
  Initial Public Offering of Mukka Proteins Limited to open on Thursday, February 29, 2024, price band set at ₹26/- to ₹28/- per Equity Share ( Kalandan Mohammed Haris - CMD & CEO - Mukka Proteins Ltd) Mangaluru-based Mukka Proteins, manufactures fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food) ,  has fixed the price band of  ₹26/-  to  ₹28/-  per Equity Share of face value ₹1/- each for its maiden initial public offer.  The Initial Public Offering (“ IPO ” or  “Offer” ) of  the Company  will open on Thursday, February 29, 2024, for subscription and close on Monday, March 04, 2024.  Investors can bid for a minimum of 535 Equity Shares and in multiples of 535 Equity Shares thereafter.   The issue is entirely of a fresh issue of up to 8 crore equity shares with no offer for sale component. Of the total net proceeds to be raised through the i
Read more

GJEPC Unveils Exclusive Gem & Jewellery Show..

Image
GJEPC Unveils Exclusive Gem & Jewellery Show in Jaipur for International Buyers IGJS 2024 witnessed 250 international buyers from 27 countries 54 jewellery manufacturers and exporters showcased an array of diamonds, Loose Gemstones, Gemstone & Diamond Studded Jewellery, and Silver Jewellery. Jaipur, 12 th  April 2024:  The apex body of the gem and jewellery industry in India, GJEPC hosted the 3 rd  edition of International Gem & Jewellery Show (IGJS) in Jaipur. The event, powered by Gemfields, is being held from 12 th  to 14 th  April at Novotel Jaipur Convention Centre, Jaipur. IGJS Jaipur is a curated event, showcasing the best of Indian craftsmanship, featuring over 54 jewellery manufacturers and exporters presenting an array of Diamonds, Loose Gemstones, Gemstone & Diamond Studded Jewellery, and Silver Jewellery. IGJS 2024 witnessed 250 international buyers from 27 countries, spanning Algeria, Argentina, Australia, Brazil, Canada, Egypt, Greece, Iran, Italy, Jordan,
Read more

कोल्हापूर फिल्म कंपनी 'विठ्ठल दर्शन' अभिनेते जितेंद्र जोशी सादरीकरण करणार

Image
आषाढी एकादशीला  वारक-यांसाठी आगळंवेगळं  ‘ विठ्ठल दर्शन ’..! विठ्ठल भक्तांचा श्वास आणि ध्यास असणारी पंढरीची पायी वारी कोरोनामुळे यावर्षी थांबवावी लागली. विठ्ठला,जीवात जीव असेपर्यंत दरवर्षी पायी वारी करत तुझ्या दर्शनाला येईन असा विठ्ठलाला शब्द दिलेल्या वारकऱ्यांच्या काळजाचा जणू ठोकाच चुकला. या आषाढीला चंद्रभागेच्या तीरी झेंडा पताका फडकणार नाहीत, हरिनामाचा जयघोष होणार नाही, रिंगण होणार नाही, वारकऱ्यांना विठू माऊलीचं दर्शन घेता येणार नाही. याची देही याची डोळा विठ्ठलरूप मनात साठवता येणार नाही. धांवोनियां आलो पहावया मुख । गेले माझे दुःख जन्मांतरिंचे ॥ ऐकिले ही होते तैसे चि पाहिले । मन स्थिरावले तुझ्या पायी॥ तासनतास दर्शन रांगेत उभं राहून माऊलीचं दर्शन घेऊन मुक्ती अनुभवणारे आपले वारकरी. यावर्षी मात्र विठ्ठलाच्या वारकऱ्यांसाठीची आनंदाची पर्वणी अर्थात वारी आळंदीहून निघाली नाही. विठ्ठल भेटीची आस लागलेल्या तमाम विठ्ठल भक्तांसाठी काही करता येईल का असा विचार करत आषाढी एकादशी दिवशी लाखो वारकऱ्यांसाठी सचिन बाळासाहेब सुर्यवंशी यांचं लिखाण असलेलं विठ्ठलाचं एक आगळंवेगळं 'दर्शन' अभिनेते
Read more