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Dewan Housing to raise $130 million via sale of shares: Report

25 Feb 2015 Evaluate

Dewan Housing Finance Corporation is reportedly planning to raise around $130 million through sale of shares to portfolio investors. The company, which is seeking a license for small finance bank from Reserve Bank of India (RBI), is offering the shares in the indicative price band of Rs 478.18 to Rs 488.25 a share.

Dewan Housing Finance Corporation is among the oldest private sector Housing Finance Companies (HFC) in India.

 

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