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DHFL total loan portfolio at INR 95,615 crore: Govt.

6091
By IANS Updated: Nov 25, 2019 10:58 pm
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New Delhi, Nov. 25 (IANS): The Regional Director (Western Region) of Ministry of Corporate Affairs has conducted an inspection of DHFL and submitted the inspection report to the Finance Ministry and as per that it has a total loan portfolio of INR 95,615 crore, the Lok Sabha was informed on Monday.

The Regional Director (Western Region) has conducted an Inspection of DHFL and submitted the inspection report to the Ministry on 24.10.2019. As per the inspection report, the company has taken several loans as on 31.03.2019, the Finance Ministry said in a statement.

It has a total loan portfolio of INR 95,615 crore which includes housing loans of INR 44,851 crore, non-housing at INR 13,590 crore, SME loans INR 4,924 crore under the retail loans. Under the wholesale loans, housing of residential projects at INR 15,655 crore, SRA project, 7,021 crore, non-housing at INR 9,340 crore and commercial at INR 233 crore.

The ministry has ordered Investigation of DHFL and 5 other companies namely Immediate Real Estate Pvt. Limited, Tenacity Real Estate Pvt. Limited, RKW Developers Pvt. Limited, Darshan Developers Pvt. Limited and RajenSkycrapersPvt. Limited to be conducted by SFIO through an order of November 6, 2019.

The inspection report submitted by the Regional Director (Western Region) has not gone into the involvement of banks and officials, it said.

6091
By IANS Updated: Nov 25, 2019 10:58:29 pm