DHFL, India's second largest housing finance company in the private sector with NIIT Institute of Finance Banking & Insurance Training (IFBI) and NIIT University entered into a tripartite Memorandum of Understanding (MoU) to launch a one-year Post Graduate Program in Financial Services. The program will offer graduates in tier II and tier III cities career opportunities in India's promising housing finance sector. This program, a contribution to help achieve success for the Union Government's flagship programs of creating 100 smart cities and accomplish Housing for all, has initiated a concerted strategy to build quality Human Resource for the financial services sector in the Tier II and Tier III cities.
Dewan Housing Finance Corporation (DHFL) is among the oldest private sector Housing Finance Companies (HFC) in India. The company has posted a rise of 14.95% in its net profit at Rs 162.28 crore for the quarter ended March 31, 2015 as compared to Rs 141.17 crore for the same quarter in the previous year. Total income of the company has increased by 11.67% at Rs 1582.47 crore for quarter under review as compared to Rs 1417.12 crore for the quarter ended March 31, 2014.