Business Standard

Dewan Housing Finance Bags Rs 60 Crore Ifc Loan

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Debjoy Sengupta BUSINESS STANDARD

Dewan Housing Finance Corporation (DHFL), which has recently bought a majority stake in Vysya Bank Housing Finance (VBHF), has roped in World Bank arm, International Finance Corporation (IFC), for a Rs 60-crore loan to expand its housing finance operations.

The company had earlier said that it was working with few international agencies to raise up to Rs 75 crore to fund buyouts like the ones at Vysya.

According to a filing made by DHFL at the IFC, the company

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First Published: Feb 24 2003 | 12:00 AM IST

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