07th Oct 16 DHFL Cuts Home Loan Rates by 0.2 per cent
Dewan Housing Finance Corporation Ltd (DHFL) has reduced home loan lending rate by 0.2 per cent to 9.35 per cent for a loan up to Rs. 30 Lakhs under the festival offer. The revised rate would be effective for its new customers from October 11. This offer is categorized under affordable housing that would enable home ownership to the low and middle income group.
11th Sep 16 DHFL launches its new ad campaign Home Loan Dilse
DHFL has launched a new ad campaign Home Loan Dilse which is an extension of its earlier Ghar Jaisa Loan Campaign. This is the third ad campaign of DHFL to increase awareness and reverse the problem among the low and mid income segment in India. The Home Loan Dilse campaign deals with a very important question i.e. what is the right time to buy a home or avail home loan? The campaign talks about relatable instances from various stages in peoples lives and states that the right time to buy a house is when you dream of a home. The campaign messaging is appealing and connects with the real life common man problems and strengthening the borrowers trust and confidence in DHFL.
21st Jul 16 DHFL Q1 Net Profit increased by 16.23%
As per results of quarter ended June 2016, Dewan Housing Finance Limited Net Profit increased by 16.23% year on year to Rs. 173.3 Crore due to increase in demand for housing loan in semi urban areas. The Net Interest Margin reported is 2.91% . Whereas the Gross NPA stood at 0.98 % to Rs. 623.8 Crore . The company aims to focus on the demand from mid and lower income group from tier- 1 and tier 2 cities
20th Jul 16 DHFL to raise Rs. 6,500 crore via Debt
As stated in the regulatory filing of DHFL , The Board of Directors has approved issuance of non convertible / unsecured debentures , up to an amount of Rs.5,000 Crore , non convertible subordinated unsecured debenture of Rs. 1,000 Crore and non convertible perpetual unsecured debenture , up to an amount of Rs. 500 crore
05th May 16 DHFL Q4 net profit at Rs 190 crore
DHFL registered a net profit growth of 17.37% to Rs 729.20 crore for the year ended March 31, 2016. Net profit increased by 16.86 % to 189.65 crore for the year quarter ended March 31. DHFL continues to witness a robust financial performance in FY16 on the back of buoyant demand for home loans from the affordable segment. This has been made possible further with their relentless focus on customer centric products and service innovations aimed at driving customer satisfaction, profitability and sustainability.