The agency has also named then director Dheeraj Wadhawan and former CEO Harshil Mehta as accused in the mega-scam case.
Recently, Cobrapost alleged that Dewan Housing Finance Corporation Ltd (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of the total bank loans of Rs 97,000 crore.
Demand for home loans in rural India is expected to pick up in Q4, that is the word coming in from Harshil Mehta, CEO, DHFL.
Watch the interview of Harshil Mehta, CEO of DHFL and Adhil Shetty, CEO of Bankbazaar.com with Surabhi Upadhyay on CNBC-TV18, in which they demystify the home loan math post the recent interest rate cuts.
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.
With pick-up in home purchases, the company sees a better year ahead and is accordingly planning to raise Rs 25,000-27,000 crore this year to fund loan growth and hopes to mop up 10 percent of this from retail deposits.
DHFL, one of India’s leading housing finance companies in the private sector, organized a Meet & Greet Event with the Mumbai Indians team ...
DHFL, one of India’s leading housing finance companies in the private sector, has been awarded the Golden Peacock Innovative Product and ...
DHFL, one of India’s leading housing finance companies in the private sector, has been awarded the Golden Peacock Innovative Product and ...
"With the focussed approach, we expect our SME loan portfolio to increase to Rs 5,000 crore by 2018," DHFL Chief Executive Officer Harshil Mehta told PTI.
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.
Dewan Housing Finance Corporation Ltd promoted Aadhar Housing Finance today said it aims to attain break even by end of 2013-14 fiscal.