Is indiabulls a government company?

It is India’s second largest housing finance company and is regulated by the National Housing Bank. It is part of Sameer Gehlaut’s Indiabulls group and contributes approximately 80\% of the groups turnover….Indiabulls Housing Finance.

What type of company is indiabulls?

The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, whose primary businesses are housing finance, consumer finance, and wealth management….Indiabulls.

Is indiabulls an NBFC?

Overview. Indiabulls Commercial Credit Ltd. (IBCCL), incorporated in 2006, is a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL) and is classified as a Non-Deposit taking Systematically Important (ND-SI) Non-Banking Financial Company (NBFC).

When Indian banks are nationalised?

This day, that year 14 banks were nationalised under the regime of Prime Minister Indira Gandhi. On July 19, 1969, 14 major lenders that accounted for 85\% of bank deposits in the country at that time were nationalised.

Is Punjab National Bank a nationalized bank?

Punjab National Bank was nationalised in July 1969 along with 13 other banks. In the year 1986 they acquired Hindustan Commercial which added Hindustan’s 142 branches to the Bank’s network. In the year 1993 they acquired New Bank of India which the GOI.

Who is owner of Indiabulls?

Sameer Gehlaut
Founder & Chairman, Indiabulls Group Sameer Gehlaut is the Founder and Non Executive Director of the Indiabulls Group, one of India’s leading diversified conglomerates with presence in consumer finance, housing finance, insurance, real estate and pharmaceuticals through independent public companies.

What is the meaning of Indiabulls?

The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, whose primary businesses are housing finance, consumer finance, and wealth management. The Group also has a presence in real estate, construction equipment rentals, pharmaceuticals and LED lighting.