Epic Update : Dewan Housing Finance

Dewan Housing Finance (DNFL), the third largest housing finance firm in India, is reportedly in talks to buy majority stake in DLF Pramerica Life Insurance Company, a joint venture with US-based Prudential Financial. Meanwhile, DLF is likely to exit the insurance company at a marginal premium over the Rs 235 crore it had invested for a 74% stake in JV with Prudential Financial.   

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