Dewan Housing Finance Corporation (DHFL) has received approval to raise funds. The Board of Directors of the company at their meeting held on June 4, 2018, approved the allotment of 10,94,47,863 Secured Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1000 each aggregating up to Rs 10,94,478.63 lakh approximately.
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.
