Indiabulls group's plan to COVID-PROOF itself; higher capital and liquidity buffer involved
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Indiabulls for getting back into business, the group has now come up with a plan to COVID proof itself. As per our sources, the Indiabulls group has a two stage plan. The COVID proof plan has involvement of higher capital and liquidity buffer. The company is also looking at raising debt as well. The stage one will essentially comprise of Indiabulls housing to refinance loanbook worth 6000 crores. In stage two, Indiabulls finance looks to raising $800mn from PE firm. The loan refinance talks are on with Oak tree, Loanstar and more. Listen to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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