DHFL Says Voluntary Action By Rating Agencies Came As “Surprise”
Tower cranes operate at a residential construction site, developed by Omkar Realtors and Developers Pvt., next to a slum, center, in the Parel area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

DHFL Says Voluntary Action By Rating Agencies Came As “Surprise”

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Kapil Wadhawan, the chairman and managing director of Dewan Housing Finance Ltd. is surprised by Care Ratings’ decision to downgrade the non-bank lender’s financial products worth over Rs 1.2 lakh ...
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