Indiabulls Housing cracks on embezzlement charges, mgt denies news | Editorji
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Indiabulls Housing cracks on embezzlement charges, mgt denies news

Jul 29, 2019 12:21 IST

Indiabulls Housing Finance traded with pressure after BJP Leader Subramanian Swamy sent a letter to PM Modi, alluding to embezzlement of more than Rs 1 lakh crore by the company from the National Housing Bank or NHB.The company has denied any wrongdoing and in a notice to the stock exchanges, IBHFL has said the outstanding loans from NHB to Indiabulls Housing stand at zero. The company also said they have never taken any loan or refinancing facility from NHB.

 

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