Inactive Instrument

DEWN HOUS

Equities

DHFL

INE202B01012

Dewan Housing Finance Corporation Ltd. : DHFL Increases Retail Prime Lending Rate by 25 bps

August 28, 2013 at 08:25 am EDT

MarketScreener.com By The editorial team

DHFL Increases Retail Prime Lending Rate by 25 bps Mumbai, INDIA August 26, 2013: DHFL, one of India's leading housing finance companies today announced an increase in its Retail Prime Lending Rate (RPLR) by 25 bps. However, this increase will have no impact on interest rate on new loans upto Rs. 30 lakhs.

Note to Editors:

About DHFL

DHFL was founded in 1984 by Late Shri Rajesh Kumar Wadhawan, with a vision to enable access to affordable housing finance to the lower and middle income (LMI) groups in semi-urban and rural parts of India.
Today, under the leadership of Mr. Kapil Wadhawan, CMD, DHFL, the Company is reckoned as the second largest private sector housing finance company in India with a network across 447 locations and two international representative offices in Dubai, UAE and London, UK.
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For further details contact:

DHFL PR & Corporate Communications:

Ms. Magline Rufina F. R.

M: 09967063984

T: (022) 71583539

E: magline.rufina@dhfl.com

Ms. Siddhi Lad

M: 09987596040 / 09821354619

T: (022) 71583414

E: siddhi.lad@dhfl.com

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Company Profile

Piramal Capital & Housing Finance Ltd, formerly Dewan Housing Finance Corporation Limited, is an India-based housing finance company. The Company is engaged in various financial services businesses. It provides both wholesale and retail funding opportunities across sectors. It provides housing finance and other financing solutions across the capital stack ranging from early stage private equity, structured debt, senior secured debt, construction finance and flexi lease rental discounting. It provides hospitality financing solutions to hotels which will be operated by branded players in established and emerging markets. Its wholesale business in the non-real estate sector includes separate verticals, such as Corporate Finance Group (CFG) and Emerging Corporate Lending (ECL). CFG provides funding solutions to companies across sectors such as infrastructure, renewable energy, roads, industrials and auto components. ECL focuses on lending towards Small and Medium Enterprises (SMEs).

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