AT-1 Bonds: Fund houses to ask Sebi to cut maturity time for AT-1 bonds

AT-1 Bonds: Fund houses to ask Sebi to cut maturity time for AT-1 bonds

Mumbai: Mutual funds plan to request the Securities and Exchange Board of India to relax maturity norms for additional tier-1 bonds to encourage fund houses to invest in these relatively high-yielding debt instruments that banks issue to shore up equity capital. “The Securities and Exchange Board of India (Sebi) has provided some leeway when it … Read more

Indiabulls Housing Finance: By FY26 end, expect to disburse Rs 3,000 crore a month; ROE at 15% by FY27: Gagan Banga, Indiabulls Housing Finance

Indiabulls Housing Finance: By FY26 end, expect to disburse Rs 3,000 crore a month; ROE at 15% by FY27: Gagan Banga, Indiabulls Housing Finance

Gagan Banga, VC & MD, Indiabulls Housing Finance, says: “We have now reached a stage where over the last four to six quarters, we stabilised the overall business, scaled up the retail disbursals and whatever are the targeted segments for growth, the disbursals around that are coming along at a good pace. At this point … Read more