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This is an archive article published on April 13, 2010

Dewan Housing to raise upto Rs 5 bn

Dewan Housing Finance Corp plans to raise up to Rs 5 billion via Tier-1 capital.

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Mortgage lender Dewan Housing Finance Corp Ltd plans to raise up to Rs 5 billion via Tier-1 capital,Chairman and Managing Director Kapil Wadhawan said on Tuesday.

It also plans to raise up to Rs 45-50 billion via debt to meet its lending target of over Rs 50 billion in FY11,he added.

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