Dewan Housing Finance Limited (DHFL) is in focus again due to continuous downgrade by rating agencies. The latest is from CARE which downgraded DHFL to BBB- on 14th May and CRISIL which has downgraded the ST rating to A4+ on 11th May. This rating by CRISIL signifies very high credit risk and very high probability of default.
DHFL had highest possible rating (AAA / A1+) until...
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