Dewan Housing Finance Corporation (DHFL) has stopped acceptance and renewal of Fixed Deposits due to the recent revision in the credit rating of fixed deposits programme of the company, which is below the minimum rating prescribed under the National Housing Bank (NHB) guidelines for acceptance or renewals of the Fixed Deposits.
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.
