Moneycontrol PRO
Check Credit Score
Check Credit Score

business

Cost of funds to fall 0.5% once banks cut rates: Dewan Hsg

Dewan Housing CMD Kapil Wadhawan spoke to CNBC TV18 after announcing the company's quarterly earnings. Speaking to CNBC-TV18, Wadhawan said deferred tax liability (DTL) issue plague profitability to some extent but if banks pass on rate cut benefits, the company will see 25-50 bps lower cost of funding.

first published: Jan 16, 2015 04:00 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347