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  • Expect funding from Indiabulls in April: Lakshmi Vilas Bank

    The board of Lakshmi Vilas Bank on April 12 approved the merger with Indiabulls Housing Finance.

  • Affordable housing sector seeing a sale of 8,000-10,000 units/month: Indiabulls Housing

    Affordable housing sector seeing a sale of 8,000-10,000 units/month: Indiabulls Housing

    In an interview with CNBC-TV18, Gagan Banga, Vice Chairman and MD of Indiabulls Housing Finance discussed his business outlook.

  • Indiabulls Hsg Fin expects loan book growth at 30 percent; see market share go up

    Indiabulls Hsg Fin expects loan book growth at 30 percent; see market share go up

    Gagan Banga, Vice Chairman & Managing Director, Indiabulls Housing Finance said the slow growth seen for the industry is because of RERA and GST coming in the first quarter of this fiscal.

  • Move by RBI last week signals push for housing: Indiabulls Housing Finance

    Move by RBI last week signals push for housing: Indiabulls Housing Finance

    Historically home loans have been priced between 150 basis points (bps) and 200 bps higher than government securities, even now they are priced in pretty much the same range, Gagan Banga, VC & MD of Indiabulls Housing Finance told CNBC-TV18.

  • CLSS (MIG) scheme targeted towards loans of Rs 25-30 lakh: Indiabulls Housing

    CLSS (MIG) scheme targeted towards loans of Rs 25-30 lakh: Indiabulls Housing

    In an interview to CNBC-TV18, Gagan Banga, VC & MD of Indiabulls Housing Finance said that the good thing about CLSS is that there is no cap on the value of the house.

  • Industry may see additional Rs 60k cr MF inflow: Indiabulls Hsg

    Industry may see additional Rs 60k cr MF inflow: Indiabulls Hsg

    Gagan Banga of Indiabulls Housing Finance told CNBC-TV18 he expected roughly Rs 60,000 crore of additional funds to come the way of the top rated housing finance companies from this move.

  • We're set for continuous demand in housing fin: Indiabulls

    We're set for continuous demand in housing fin: Indiabulls

    Speaking to CNBC-TV18 Gagan Banga, VC & MD, Indiabulls Housing Finance, said that tier II and tier-III cities, outskirts of major cities will be covered under the new scheme announced by the PM in his speech on the new year eve.

  • Indiabulls Hsg revises earnings expectations post currency ban

    Indiabulls Hsg revises earnings expectations post currency ban

    Indiabulls Housing Finance has also guided for 25-30 profit growth in FY17, a considerable rise from the earlier 23 percent.

  • Aim to increase mkt share in home loans to 60%: Indiabulls Hsg

    Aim to increase mkt share in home loans to 60%: Indiabulls Hsg

    Gagan Banga, Vice Chairman of Indiabulls Housing Finance says that the company is trying to initiate product mix change.

  • See no -ve impact from tightening of MF debt norms: Indiabulls

    See no -ve impact from tightening of MF debt norms: Indiabulls

    Gagan Banga, Vice Chairman and MD of Indiabulls said that the company will be a benefit from this revision in limits as it is not dependent on commercial paper.

  • Eye 20-25% growth; UK-transaction complete: Indiabulls Hsg

    Eye 20-25% growth; UK-transaction complete: Indiabulls Hsg

    The company is aiming for a 20-25 percent growth in all parameters, Gagan Banga, Vice-Chairman& MD said adding that he expects net interest income and profit after tax to grow in range of 22-25 percent in FY16 and FY17.

  • UK deal to impact only 1% of total balance sheet:Indiabulls

    UK deal to impact only 1% of total balance sheet:Indiabulls

    Gagan Banga, Vice Chairman & Managing Director, Indiabulls Housing Finance said the acquired UK-based company would be a deposit taking franchise and that the financial impact will only be 1 percent of the total balance sheet.

  • Aim to achieve 20-25% growth in FY16: Indiabulls Hsg Fin

    Aim to achieve 20-25% growth in FY16: Indiabulls Hsg Fin

    The QIP has taken the capital adequacy ratio of the company to 23-24 percent as of September 30, said Gagan Banga, VC & MD, Indiabulls Housing Finance.

  • Bearish govt, but bullish on Indian entrepreneurs: Inventus

    Bearish govt, but bullish on Indian entrepreneurs: Inventus

    BJP talked about clarity, investments, rolling out the red carpet, no red tape, but all hasn't happened yet, says Kanwal Rekhi, MD, Inventus Capital Partners. However, he likes the tone of the government

  • Targeting 20% growth in disbursement: Indiabulls Hsg Fin

    Targeting 20% growth in disbursement: Indiabulls Hsg Fin

    Gagan Banga, vice chairman and managing director, Indiabulls Housing Finance says the company will continue to focus on opening branches in cities they are already present.

  • Rs 50 lk home loan rate will see 25 bps cut: Indiabulls Hsg

    Rs 50 lk home loan rate will see 25 bps cut: Indiabulls Hsg

    Considering the Reserve Bank has lowered repo rate twice this year, Gagan Banga of Indiabulls Housing Finance expects comparative pressures to result in prime lending rates coming down by 25 basis points by March-end or early April.

  • Indiabulls to cash in on festivals; hopes for bank licence

    Indiabulls to cash in on festivals; hopes for bank licence

    Indiabulls Housing Finance hopes to capitalise on the upcoming festive season to boost its performance. The housing finance entity is also hopeful to get a banking license too.

  • Major focus on home finance opportunity: Indiabulls Hsg Fin

    Major focus on home finance opportunity: Indiabulls Hsg Fin

    Gagan Banga, MD & CEO, Indiabulls Housing Finance told CNBC-TV18 that the management is clearly focused that it wants to pursue the home finance opportunity. However, in an ideal world after a few years we would want to migrate and progress to being a bank.

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