Gagan Banga

'The clear mandate to me is to continue to run the company as you are. They are a shareholder backing us with capital, knowledge, and experience but they will operate at the board level,' Banga tells Moneycontrol

Indiabulls Housing Finance CEO quits Dhani board

“To enable me to fully focus my time on Indiabulls Housing Finance, I hereby resign from the board with immediate effect,” Gagan Banga was quoted as saying in an exchange filing

Fit to lead |Gagan Banga: "Running helps me focus solely on myself, and the things I can do"

Indiabulls Housing Finance Ltd Vice-Chairman, Managing Director and CEO Gagan Banga on his active lifestyle, leadership style, and on navigating the new normal.

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.

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.

Union Budget 2017-18: Government is on fast track mode, says Gagan Banga

Gagan Banga, Vice Chairman and Managing Director, Indiabulls Housing Finance is of the view that the Government is on a fast track mode - building a sustainable ecosystem for both developers and home buyers.

Indiabulls net jumps 25% to Rs 751cr as loan-book grows 30%

Indiabulls Housing Finance today reported a 25 percent rise in net profit at Rs 751 crore for the December quarter and said it has not been affected by the note-ban at all.

Indiabulls Housing Finance cuts home loan rates by 0.45%

Indiabulls Housing Finance (IBHFL) today reduced its home loan rates by 45 basis points, bringing it down to lowest in six years.

Watch: DHFL & Indiabulls Housing on new housing schemes

Housing finance companies are in focus because PM Modi has announced two new housing schemes and also new schemes for the urban poor. In an interview to CNBC-TV18, Harshil Mehta, CEO of DHFL and Gagan Banga, Vice Chairman & Managing Director of Indiabulls Housing Finance shared their readings and outlook on the same.

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 Fin hopeful of 30% growth in FY17

Speaking to CNBC-TV18 Gagan Banga, Vice Chairman & Managing Director at Indiabulls Housing Finance said that new business home loans are down by just 1 percent in terms of enquiries.

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.

NBFC's RoE to improve, cost of borrowing to fall: Capital First

In an interview on CNBC-TV18, V Vaidyanathan of Capital First said that the cost of borrowing is expected to fall by 100 basis points and all NBFCs will see improvement in return on equity (RoE) due to the change in bond pricing.

Indiabulls Housing Finance NCD issue subscribed over 2 times

Indiabulls Housing Finance Ltd (IBHFL) today pre-closed its bonds issue after it received bids of over Rs 7,200 crore, more than twice the offer size.

Indiabulls HFC net up 26% to Rs 602 cr on higher disbursements

"Growth in profit was on the back of 29 percent increase in loan book. Also, our borrowing from banks reduced to 49 percent in the period from 64 percent last year which has helped in reducing cost of funds," the company's vice chairman and managing director Gagan Banga said in a conference call.

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.

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

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.

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.

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.

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.

Budget 2015-16: Thrust on infra welcome step, says Gagan Banga

The FM has cleared the cluttered, and at times convoluted, tax regime and has ushered in a more cogent and predictable tax environment. Good infrastructure is the foundation of meaningful and sustainable GDP growth, says Gagan Banga, Vice Chairman & MD, Indiabulls Housing Finance.

Disbursements up 37% for 9MFY15: Indiabulls Housing Fin

Indiabulls Housing Finance posted a consolidated profit of Rs 478 crore, up 21 percent, as against Rs 395.1 crore on a year-on-year basis in its third quarter ended December.

Gross NPLs to remain in 70-90 bps range: Indiabulls Housing

The company reported a 21 percent growth at Rs 448.3 crore in net profit for the September quarter versus Rs 370.38 crore in the same period last year.