Dewan Housing Finance Corporation Limited was started in 1984 with a vision to provide homeownership to millions of Indian and ‘Giving India a Home’. The company is part of the Wadhawan Global Capital Group. Over the years, it has become one of the leading financial institutions in India. As of March 2018, its AUM was Rs 1,11,000 crore (US$ 17.24 billion). The company provides home loans, loans against property, small & medium enterprises (SME) loans and loans to real estate developers.
Its total income reached Rs 10,850.13 crore (US$ 1.55 billion) in FY18 and Rs 3,057 crore (US$ 0.44 billion) in Q4FY19.
Company Website: www.dhfl.com
DHFL – Changing Rules Changing Lives
|2018||In December, DHFL announced that it will exit its mutual fund business completely|
|2017||Merger of Aadhar HFC & DHFL Vysya HFC|
|2015||Acquired 50 per cent stake in Pramerica AMC|
|2014||Acquired 50 per cent stake in DLF-Pramerica Life Insurance|
|2013||Established Avanse Financial Services|
|2011||Acquired First Blue HFC|
|2010||Established Aadhar HFC in collaboration with International Finance Corporation (IFC)|
|2003||Acquired DHFL Vysya HFC|
|1985||Initial Public Offer (IPO) of DHFL|
|1984||DHFL was established|
Updated: May, 2019