Dewan Housing Finance Corporation (DHFL) has sought Rs 15,000 crore immediate funding from banks for on-lending to retail customers as well as to project developers. The money will be used to fund viable projects that are stuck due to lack of money.
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.
