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 told CNBC-TV18 that the company is hopeful of maintaining net interest margins at 2.8% going ahead.
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.
Dewan Housing Finance Corporation (DHFL) posted 59.8% jump in net profit at Rs 93.76 crore for the fourth quarter ended March 31, 2012. It had a net profit of Rs 58.65 crore in the same period in the previous fiscal.
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.
The net interest margin for Dewan Housing has grown 43.7% to Rs 124 crore this quarter. Announcing the quarterly results of the company, Prashant Chaturvedi tells CNBC-TV18 that NPAs have gone down this quarter.
One of the country's largest real estate financing firms, Dewan Housing Finance has big plans for growth.
Prashant Chaturvedi, head-financial resources, Dewan Housing, joins CNBC-TV18 to take us through the numbers and explain the way forward for the company.
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.
In an interview with CNBC-TV18, Lancelot DCunha, CEO, Sharyans Wealth Management, reviews results of Dewan Housing, ILandFS Transportation Networks (ITNL) and TRF.