INDIABULLS HOUSING FINANCE LTD.
Indiabulls Housing Finance Ltd. (IBHFL) is India's 3rd largest Housing Finance Company (HFC). The company is registered as a Housing Finance Company (HFC) and is regulated by the National Housing Bank (NHB). IBHFL is a leading provider of home loans, loan against properties and commercial vehicle loans.
The company has a loan asset book of over Rs. 38,140 Cr and has, since inception, disbursed over Rs. 71,000 Cr to over 5.5 lakh customers. With a net worth of over Rs. 5,688 Cr, IHFL is one of the best capitalized companies amongst its peer with a CRAR of 20.24% as at September 30th, 2013. Further, the company is one of the least levered amongst its peer set with a net debt-to-equity ratio of only 5.14. The company enjoys a credit rating of AA+.
IBHFL has 205 well appointed and customer accessible walk-in branches spread across the country. Company's national and International reach is further enhanced from tie-ups with Yes Bank and Doha Bank.