DHFL Vysya Housing Finance Ltd.
Bangalore, 560034
DHFL Vysya Housing Finance Ltd. was incorporated on November 26, 1990 in its earlier name Vysya Bank Housing Finance Ltd. It commenced its operation in terms of Certificate for Commencement of Business No. 08/11409 dated November 27, 1990. Since then, it has a track record of uninterrupted payment of dividend (except for the financial year 2003-04), with multi-fold increase of total Reserves and Surplus, appreciable growth in Return on equity, etc.The company was started by Vysya Bank Ltd. Known as ING Vysya Ltd at present with majority shareholding of 85%. In July 2003 the said bank sold their majority holdings to Dewan Housing Finance Corporation Ltd., one of the leading private sector Housing Finance company (DHFL) in India. Now DHFL and its promoters together hold 94.80%, the balance is held by ICICI Bank Ltd., and a few with the Industrialist and Public.