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Dewan Housing Finance mulling to raise up to Rs 100 crore

15 Sep 2012 Evaluate

Dewan Housing Finance Corporation (DHFL) is contemplating to raise funds by way of issue of secured, redeemable, non-convertible debentures (NCDs) aggregating to a total of up to Rs 100 core with a green shoe option of up to Rs 100 crore.

DHFL is among the oldest private sector Housing Finance Companies (HFC) in India. It is the third-largest HFC with a loan portfolio of Rs 19,355 crore as on March 31, 2012.

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