In an interview to CNBC-TV18, Harshil Mehta, Joint MD & CEO of Dewan Housing Finance Corporation (DHFL) spoke about the latest happenings in his company and sector.
                                                                                            Ajanta Pharma retains the tag of fastest wealth creator for the third time in a row and Asian Paints is the most consistent wealth creator, said the wealth creation study
                                                                                            Their assets under management (AUMs) would touch nearly 2 lakh crore and the return on equity would be over 20 percent by 2020, said Kapil Wadhawan, CMD, DHFL
                                                                                            Housing finance companies are in focus because PM Modi has announced two new housing schemes and also new schemes for the urban poor. In an interview to CNBC-TV18, Harshil Mehta, CEO of DHFL and Gagan Banga, Vice Chairman & Managing Director of Indiabulls Housing Finance shared their readings and outlook on the same.
                                                                                            In an interview with CNBC-TV18, Kapil Wadhawan, CMD of DHFL, talked about its Rs 2,000-crore non-convertible debenture (NCD), which got over-subscribed six times on day 1 of issue, and explained why the company priced the issue attractively in a falling rate environment.
                                                                                            In an interview with CNBC-TV18, Harshil Mehta said that the company's focus has been on improving its cost of funds and expects a 15-25 basis points (bps) improvement for the same in the short term.
                                                                                            Talking about the overwhelming response seen by the issue, Kapil Wadhawan, CMD, DHFL says it would be a game-changer not only for the company but for the industry as a whole.
                                                                                            While SREI Infra fits the criteria laid out in the draft guidelines and is also well capitalised, Vice Chairman Sunil Kanoria says, no decision has been made yet on applying for a license.
                                                                                            Last week, the Reserve Bank of India (RBI) granted an in-principle nod to 10 applicants for small finance banks.
                                                                                            DHFL enters into a tripartite MoU to offer 1-yr post graduate programme in financial services with NIIT, Institute of Finance Banking & Insurance Training (IFBI) & NIIT University.
                                                                                            Harshil Mehta of DHFL believes the guidelines may also get extended for middle income group (MIG) which costs around Rs 12-15 lakh in tier-2 and tier-3 cities.
                                                                                            In an interview to CNBC-TV18, Kapil Wadhawan, chairman and managing director, Dewan Housing Finance Limited (DHFL) shares his views on the company's fund raising, growth plans and expectations from the Union Budget.
                                                                                            In Q1, the company maintained less than 1% gross NPA and net NPA of close to zero. Even during this quarter, it doesn't see too much of a worry. It hopes to achieve 18-20% growth in its retail housing loans by this fiscal year end, which it showcased in Q1.
                                                                                            CMD Kapil Wadhawan shared no financial details of the DLF deal, but expects it to be value accretive.
                                                                                            The National Housing Bank (NHB), the regulator for housing finance companies in India is ramping up its efforts on affordable housing, typically priced below Rs 25 lakh. It has almost finalised the scheme for Urban Housing Fund (UHF) of Rs 2,000 crore, recently announced in the Union Budget 2013.
                                                                                            Kapil Wadhwan, MD, Dewan Housing Finance Corporation clarifies on CNBC-TV18 that his company severed all links, including cross-ownerships, directorships, intercorporate loans and joint holdings, with HDIL since 2009.
                                                                                            Kapil Wadhawan, chairman and managing director, Dewan Housing Finance Company (DHFL), says that there is active demand and consistent in tier II & III markets compared to tier I cities like Mumbai, Delhi and Bangalore, where demand is subdued.
                                                                                            In an interview to CNBC-TV18, Kapil Wadhawan, the CMD of Dewan Housing says as per its target it has raised over USD 60 million.
                                                                                            One of the country's largest real estate financing firms, Dewan Housing Finance has big plans for growth.
                                                                                            Prashant Chaturvedi, head finance at Dewan Housing, in an interview to CNBC-TV18, spoke about the latest happenings in the company and the road ahead.