Indiabulls Housing to raise Rs 50,000 crore growth capital next fisc, eyes 20% loan sales


Indiabulls Housing to raise Rs 50,000 crore growth capital next fisc, eyes 20% loan sales

The lender's outstanding loan book stood at Rs 74,800 crore as of end-February, which is flat at the previous year's level and if it grows by the upper end of the target it may close the next fiscal with around Rs 90,000 crore of loan book/AUM.

SCUF deals in a wide range of retail credit, including funding to small and micro enterprises, two-wheeler purchases, loan against property and gold and personal loans. It has a separate subsidiary – Shriram Housing Finance.


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