scorecardresearchIndiabulls Housing Finance Skips Call on Perpetual Bonds in Rare Move

Indiabulls Housing Finance Skips Call on Perpetual Bonds in Rare Move

Updated: 30 Jun 2022, 09:50 AM IST
TL;DR.
Indiabulls Housing Finance Ltd., one of India’s leading mortgage lenders, decided not to redeem its rupee-denominated perpetual bonds as refinancing costs rise at the fastest pace in at least two decades.
Mumbai, India - February 21, 2022: Indiabulls building at Prabhadevi, in Mumbai, India, on Monday, February 21, 2022. (Photo by Anshuman Poyrekar/Hindustan Times)

Mumbai, India - February 21, 2022: Indiabulls building at Prabhadevi, in Mumbai, India, on Monday, February 21, 2022. (Photo by Anshuman Poyrekar/Hindustan Times)