DHFL launches short term corporate deposits

Housing finance companies in the private sector DHFL has launched a short term corporate deposit scheme which offers attractive interest rates depending on the tenure of the deposit. This scheme is targeted to meet the short term investment requirements of corporate customers and is available only to public and private limited companies registered under the Companies Act 1956/2013. CRISIL has rated these corporate deposits as “CRISIL A1+” indicating very strong degree of safety regarding timely payment of financial obligations.                   Harshil Mehta, CEO, DHFL said, “Today, DHFL knows how to measure, manage and allocate risk for both retail and corporate customers. This differentiates us for value creation and enables us with the expertise to visualize the investment needs of this segment. We are known for our competitive deposit offerings and this new product will further strengthen our desired positioning, backed by the highest credit rating.”