Dewan Housing Finance Corporation (DHFL) has defaulted on an interest payment worth Rs 0.50 crore on non-convertible debenture (NCD). The gross principal amount on which the default has occurred is Rs 5.00 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.
