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1. What is the new name adopted by Indiabulls Housing Finance after receiving approvals?
Indiabulls Housing Finance has rebranded itself as Sammaan Capital following approvals from the Registrar of Companies and the Reserve Bank of India. The newly named entity, Sammaan Capital, will specialize in retail lending, particularly focusing on affordable home loans and mortgage-backed loans for MSMEs. It plans to operate under an asset-light model and collaborate closely with banks and financial institutions to expand its market presence.