Doha bank in mortgage loan agreement with India bulls group

Doha Bank has entered into an agreement with Indiabulls Group for offering of Mortgage Loans to NRI customers for acquiring properties in India. The agreement ahs been signed by R Seetharaman, Group CEO of Doha Bank and Ajit Mittal, Group Executive Director of Indiabulls, the bank said in a statement on Wednesday. Indiabulls Group is one of leading business houses in India in the areas of Housing Finance, Real Estate and Infrastructure development. Indiabulls Housing Finance Company has its presence through 180 branches in 100 cities across India. Doha Bank's NRI customers will be able to seek Mortgage Loans from Indiabulls to acquire properties in India. This is a unique arrangement to serve NRI customer for their property needs back home, the statement said.