“Indiabulls financial services book grew approximately by 30 percent from Rs 25,000 crore same time last year to Rs 32,500 crore,” says Gagan Banga, CEO of Indiabulls Financial Services. In an interview to CNBC-TV18, Banga says that the company has managed to beat street expectations by reducing borrowing cost and bringing down cost.

Rs 13k cr in assets, focus on SME favour licence: Religare

Religare Enterprise's group CEO Shachindra Nath, explains on CNBC-TV18, that the company stands a high chance of being granted a licence as it has Rs, 13,000 crore in assets and is focused on the SME sector.

Reverse merger on cards, target 25% loan growth: Indiabulls

Gagan Banga, CEO, Indiabulls Financial Services, says that the company‘s book has been growing on a net basis, net of repayments and prepayments for the last three years on a quarterly growth rate of Rs 2,000 crore. Gross disbursement numbers are steady at Rs 3,500 crore.

Not interested in a banking licence: Indiabulls Fin Serv

Gagan Banga, CEO, Indiabulls Financial Services tells CNBC-TV18 that the company will merge with its arm, Indiabulls Housing Finance. The promoters of Indiabulls Financial will infuse Rs 451 crore capital in the company.

Indiabulls expects lease income to increase 30-35%

Speaking to CNBC-TV18 in an exclusive interview, Gagan Banga, CEO of Indiabulls says that more than 50% land has already been leased at Lower Parel, Mumbai. “Going forward, we expect lease income for the company to increase by 30-35%,” he says.

Aim to grow loan book by 30% ahead: Indiabulls Financial

Gagan Banga, chief executive officer, Indiabulls Financial Services said the company's focus has been on the home loan segment and most of the growth is likely to come from this segment in future. The company expects to maintain 30% growth in loan book ahead.

Indiabulls Financial aims to maintain NPAs at 0.5% level

In an interview with CNBC-TV18, Gagan Banga, CEO, Indiabulls Financial Services spoke about the company's quarterly performance and the road ahead.