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IndiaBulls Housing Finance raises Rs 225 crore

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Indiabulls Housing Finance has raised Rs 225 crore by issuing debt bonds on a private placement basis. This is a tranche of company's Rs 6,000 crore fund- raising which it had announced in November. "The company has today allotted its 21st tranche of secured, redeemable, non-convertible debentures aggregating to Rs 225 crore," a company filing on BSE said.

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