Indiabulls Housing Finance believes that the impending merger application with Laxmi Vilas Bank made it a very easy target for blackmailers. (Photographer: Dhiraj Singh/Bloomberg)

Indiabulls Housing Finance Terms Rs 98,000-Crore Siphoning Charges As ‘Bizarre’

Indiabulls Housing Finance Ltd. has refuted the allegation of siphoning Rs 98,000-crore, terming it as “bizarre” and made by a “racket of blackmailers”.The total loan book size of Indiabulls Housin...