trending Market Intelligence /marketintelligence/en/news-insights/trending/9B8GAXm3HKhQ_vi0y6l9Pg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Indiabulls Housing Finance cuts fiscal Q1 interim dividend

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Indiabulls Housing Finance cuts fiscal Q1 interim dividend

Indiabulls Housing Finance Ltd. lowered its interim dividend for for the fiscal first quarter ended June 30, and plans to raise up to 260 billion Indian rupees via debentures.

The company's board declared an interim dividend of 8 Indian rupees per equity share for the quarter, down from 10 rupees per share in the prior-year period, according to an Aug. 6 filing.

The dividend will be paid on or before Sept. 15 to shareholders on record as of Aug. 20.

In addition, the company plans to issue 250 billion rupees of secured nonconvertible debentures and 10 billion of unsecured, redeemable, nonconvertible subordinate debt in the nature of debentures. The debentures will be issued in one or more tranches on a private placement basis.

As of Aug. 6, US$1 was equivalent to 71.04 Indian rupees.