Edelweiss, Axis Bank, Trust Capital, Yes Bank and A K Capital are helping the company raise the money through the bond sale.
Indiabulls Commercial intends to use the proceeds for both expanding loans and repaying existing borrowings of the company, which focuses primarily on long-term secured mortgage-backed loans.
In FY2018, mortgage loans constituted more than 98% of the total assets under management.
The company offers loans against property to salaried and self-employed individuals and...Date:
Friday , August 24, 2018Publication:
Internet, Page No: