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Sammaan Capital Ltd ( (IN:SAMMAANCAP) ) has provided an announcement.
IHC, a global investment company, has announced a USD 1 billion investment in Sammaan Capital Limited, underscoring its confidence in India’s NBFC sector as a key driver of credit access and financial inclusion. This investment highlights IHC’s commitment to expanding access to capital and supporting innovative credit solutions in India, reinforcing Sammaan Capital’s role in enabling home ownership and empowering small businesses across the country.
More about Sammaan Capital Ltd
Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, is one of India’s largest non-banking financial companies (NBFCs) primarily focused on mortgage lending. The company operates through 220 branches in over 150 towns and cities, employing more than 4,430 individuals, and plays a significant role in promoting financial inclusion and growth in India.
Average Trading Volume: 1,328,866
Technical Sentiment Signal: Buy
Current Market Cap: 141B INR
For a thorough assessment of SAMMAANCAP stock, go to TipRanks’ Stock Analysis page.