Indiabulls Housing sells additional stake in OakNorth to raise Rs 441 crore
NEW DELHI: Indiabulls Housing Finance on Friday said it has sold its additional stake in OakNorth Bank for Rs 441 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (Capital to Risk-weighted Assets Ratio) of the company, it said. The company has further sold a portion of its stake […]
Indiabulls Housing raises Rs 630 crore by selling another stake in OakNorth
NEW DELHI: Indiabulls Housing Finance on Tuesday said it has further sold part of its stake in the UK-based OakNorth Holding Ltd, the parent company of OakNorth Bank Ltd, to Toscafund Asset Management for Rs 630 crore. Toscafund Asset Management LLP is a multi-asset management fund with about USD 4 billion of assets under management, […]
Indiabulls Housing sells partial stake in OakNorth Bank for Rs 440 crore
NEW DELHI:Indiabulls Housing Finance on Thursday said it has sold a part of its stake in the UK-based OakNorth Holding Ltd, the parent company of OakNorth Bank Ltd, to HighSage Ventures LLC for Rs 440 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital to risk weighted assets […]