Dewan Housing Finance Corporation (DHFL) has defaulted on bond repayments to the tune of Rs 8.07 crore. The total amount of securities issued was of the face value of Rs 6.30 crore.
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.