Credit rating agency, CARE has assigned ‘AA+’ rating to Dewan Housing Finance Corporation’s long term bank facilities worth Rs 30,843.45 crore which was enhanced from Rs 27,118.45. The company has received the said rating on the back of its long-standing track record in housing finance business & expertise in catering to middle and lower-middle class segment, proactive management, comfortable capital adequacy with demonstrated capital raising ability & comfortable profitability parameters
Dewan Housing Finance Corporation (DHFL) is one of the largest housing finance companies in India with the total asset size and loan portfolio of Rs.41,100 crore and Rs.37,849 crore respectively as on Dec. 31, 2013. The company’s target segment is primarily salaried individuals in lower and middle-income groups in Tier II and III cities
