Dewan Housing Finance Corporation (DHFL) has defaulted on 60% of Rs 375 crore commercial papers due for repayments on June 25, while the rest of the payment has been made.
Out of the aggregate amount of Rs 375 crore, Rs 150 crore i.e. 40% has been paid on a proportionate basis and the balance amount of Rs 225 crore shall be paid in the next couple of days.
DHFL is one of India’s premier housing finance companies and is among the oldest private sector Housing Finance Companies (HFC) in India. The company was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.
Company Name | CMP |
---|---|
LIC Housing Finance | 651.55 |
Indiabulls Housing | 162.30 |
Housing & Urban Dev. | 241.20 |
PNB Housing Finance | 734.15 |
Can Fin Homes | 759.15 |
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