According to Mr Anil Sachidanand, CEO, Dewan Housing Finance Corporation (DHFC) said, “We are looking to raise capital of Rs 750 crore to Rs 1,000 crore before this year-end or the fourth quarter of this fiscal. This would help us augment further expansion and continue credit growth,” .
DHFC has seen about 50% for the past 12-14 quarters, and given the current scenario, a 30-35% growth in credit was expected this year.
The company's lending portfolio stands at Rs 24,000 crore across 2.69 lakh customers. About 93% of their lending is to retail customers with an average ticket size of Rs 7-8 lakh.
The Dewan Housing Finance Corporation, largely concentrate on the lower- and mid-income segment, with a monthly income of Rs 4,000-Rs.20,000.
Default percentages among customers were less.Its gross NPAs stood at 0.53%, while net NPAs were at 0.24%
DHFC has seen about 50% for the past 12-14 quarters, and given the current scenario, a 30-35% growth in credit was expected this year.
The company's lending portfolio stands at Rs 24,000 crore across 2.69 lakh customers. About 93% of their lending is to retail customers with an average ticket size of Rs 7-8 lakh.
The Dewan Housing Finance Corporation, largely concentrate on the lower- and mid-income segment, with a monthly income of Rs 4,000-Rs.20,000.
Default percentages among customers were less.Its gross NPAs stood at 0.53%, while net NPAs were at 0.24%
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