Housing finance company, Dewan Housing Finance Limited (DHFL) has increased its retail prime lending rates by as much as 50 bps.

The revised rates have come into effect from May 20, 2011.

For the fiscal last ended, the loan book of the company figured to Rs 141.11 billion, a rise from Rs 87.58 billion in the fiscal prior to that.

The HFC, third in rank in India has 405 branches pan India presently.

The company has also partnered with Yes Bank in its home loan syndication business.