Indiabulls Housing Finance sells stake worth Rs 251 cr in OakNorth Holdings
"The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital-to-risk weighted asset ratio) of the company and will be added to the regulatory equity capital of the company," Indiabulls Housing Finance said in a regulatory filing on Friday.
Govt guarantee to NARCL to help in development of secondary market for security receipts: SBI chief"The SRs (issued by NARCL) are going to be guaranteed by the government, which actually will lend a lot of credibility to these SRs and perhaps it will lead to the development of the secondary market for SRs," Khara said at a virtual event organised by Bengal Chamber of Commerce and Industry.
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