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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.

  • Indiabulls Housing Finance expects 17-19% profit growth in FY20

    Indiabulls Housing Finance expects 17-19% profit growth in FY20

    Gagan Banga, Managing Director of Indiabulls Housing Finance, said the company has taken some small developers to the NCLT.

  • 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.

  • Budget 2018: Indiabulls Hsg sees more tax breaks for affordable hsg; grow organically

    Budget 2018: Indiabulls Hsg sees more tax breaks for affordable hsg; grow organically

    Expect government to continue with its thrust on affordable housing and in that regards give more tax breaks in Budget 2018, said Gagan Banga, VC & MD, Indiabulls Housing Finance.

  • Expect home loan segment to grow by 35-40% for FY18: Indiabulls Housing Finance

    Expect home loan segment to grow by 35-40% for FY18: Indiabulls Housing Finance

    It has been a good quarter for Indiabulls Housing Finance with the highest ever loan growth. In an interview to CNBC-TV18, Gagan Banga, Vice Chairman & Managing Director, Indiabulls Housing Finance spoke about the results and his outlook for the company.

  • 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.

  • Indiabulls Housing Finance aiming for over 30% loan book growth: Gagan Banga

    Indiabulls Housing Finance aiming for over 30% loan book growth: Gagan Banga

    the company has been able to maintain their GNPAs at 85 basis points for the last three year and as of now, there is no concern on existing books, said Gagan Banga, VC & MD, Indiabulls Housing Finance.

  • 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.

  • Won't need capital from market for next 3 years: Indiabulls Housing

    Won't need capital from market for next 3 years: Indiabulls Housing

    In an interview to CNBC-TV18, Ashwini Kumar Hooda, Deputy MD of Indiabulls Housing Finance spoke about the results and his outlook for the company.

  • 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.

  • FY18 aim to reduce loans below 40% achieved: Indiabulls Hsg Fin

    FY18 aim to reduce loans below 40% achieved: Indiabulls Hsg Fin

    Indiabulls has a balance sheet size of Rs 91,000 crore, of which around 25 percent is cash balance. Banga expects the balance sheet size to rise to Rs 1 lakh crore by the end of current fiscal.

  • See loan book growing 25% in FY17: Indiabulls Housing

    See loan book growing 25% in FY17: Indiabulls Housing

    In an interview with CNBC-TV18, Gagan Banga, VC and MD of the company said that it has been able to reduce the cost of funds successfully and expects to increase its market share in the home loan segment.

  • 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.

  • Eye 20-25% profit, spread at 300 bps for FY16: Indiabulls

    Eye 20-25% profit, spread at 300 bps for FY16: Indiabulls

    The mortgage player reported a 23.93 percent jump in consolidated net profit to Rs 555.53 crore for the second quarter ended September 30, 2015-16.

  • 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

  • Confident of 20-25% growth in FY16: Indiabulls Hsg Fin

    Confident of 20-25% growth in FY16: Indiabulls Hsg Fin

    The segment of home loans between Rs 25-30 lakh category have shown good traction compared to the high ticket category of above Rs 1 crore, says Gagan Banga, VC&MD, Indiabulls Housing Finance.

  • 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.

  • To pass on benefits if cost of fund declines: Indiabulls HF

    To pass on benefits if cost of fund declines: Indiabulls HF

    In an interview to CNBC-TV18, Gagan Banga, VC & MD of Indiabulls Housing Finance, discusses the company‘s performance this quarter.

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