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IBULHSGFIN - Indiabulls Housing Finance News Story

₹187.7 2.8  1.5%

Last Trade - 12/05/21

Mid Cap
Market Cap £805.7m
Enterprise Value £6.44bn
Revenue £977.8m
Position in Universe 326th / 3110

BUZZ-Indian NBFCs climb on hopes of improvement in liquidity under new RBI chief

Thu 13th December, 2018 8:01am
** Shares of Indian non-banking financial companies (NBFCs)
LIC Housing Finance Ltd  LICH.NS , Dewan Housing Finance Corp
Ltd  DWNH.NS , and Indiabulls Housing Finance Ltd  INBF.NS  jump
4-9.6 pct
    ** Ease in inflation, new RBI chief, and SEBI's nod for
mutual funds to separate distressed assets in their portfolios
seen as favorable - S. Krishnakumar, CIO for equities at
Sundaram Asset Management*:nL3N1YH3SK
    ** New cenbank Governor Shaktikanta Das said on Wednesday he
would meet heads of state-run lenders to address problems facing
the banking sector*:nL3N1YH4CQ
    ** "The new RBI governor's fairly rich experience with the
finance ministry is being perceived as positive," says
Krishnakumar, adding that issues including credit availability
are now open for discussions
    ** There are expectations that with Das, things will
slightly mellow down and liquidity cushions will be provided,
says another analyst who do not want to be named
    ** Separately on Wednesday, Securities and Exchange Board of
India said mutual funds can separate distressed and illiquid
assets in their portfolios to deal with any potential credit

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