Cost of funds to decline by 100 bps in a year-:- Equity Research

Dewan Housing Finance Limited (DHFL) is looking to raise additional Rs 10,000 crore in couple of more tranches, said CMD Kapil Wadhawan. Cost of funds will come down by approximately 100 basis points over the next one year, Wadhawan told CNBC-TV18. Non-convertible debentures (NCD) issuance will help DHFL reduce its cost of funds, he added. The company's bank funding proportion was almost 70 percent as of March 31, 2016