THE CHRONOLOGY OF THE DHFL SCAM

#Seize_Cronies_Fairplay_for_DHFL_Victims #Boycott_Piramal #Stop_Piramal_From_Acquiring_DHFL

Once in a Blue Moon Academia

Posted on 15/10/2022

INTRODUCTION

The Dewan Housing Finance Corporation Ltd. (henceforthDHFL)is a deposit-taking Housing FinanceNBFCregulated bythe National Housing Bank (NHB)headquartered in Mumbai with branches in major cities across India. DHFL was established (11 April 1984) to enable access to economical housing finance to the lower and middle income groups in semi-urban and rural parts of India. DHFL is the second housing finance company to be established in the country. The company also leases commercial and residential premises. DHFL is among the 50 biggest financial companies in India. [Source:Wikipedia⤡].

Given below is a short and summarized history of the biggest financial scam that the Indian economy ever witnessed. We hope that the following table will aid the DHFL Victims (which include the Indian Air Force, Uttar Pradesh Power Corporation Limited, the Ramakrishna Mission Ashram, Sasakawa Indian Leprosy Foundation, Sisters of Charity…

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