DHFL

DHFL board nod to debt to equity conversion; ownership may change

DHFL board nod to debt to equity conversion; ownership may change

It comes against the backdrop of the formulation of a draft resolution plan, adopted earlier this month

Retail investors lap up NCDs as mart bank deposit fail them

Retail investors lap up NCDs as mart bank deposit fail them

The mayhem in equities market and falling deposit rates have retail investors lapping up corporate debt like never before, if the overwhe...Read More

DHFL says may default again on payment obligations

DHFL says may default again on payment obligations

DHFL met its financial obligations during this period mainly through a combination of securitisation of assets and repayment collections

DHFL seeks repayment moratorium, 
assures no haircut on principal

DHFL seeks repayment moratorium, assures no haircut on principal

A regulatory filing by DHFL said its board on Tuesday approved the submission of the company's draft resolution plan to its lenders.

Kotak MF’s DHFL exposure stands at Rs 140 crore

Kotak MF’s DHFL exposure stands at Rs 140 crore

The total exposure of the mutual fund industry in the company is estimated at Rs 5,000 crore from 10 asset management companies (AMCs), h...Read More

‘working with banks to resolve issues without any haircut’ to lenders + DHFL stock cracks 30 pc after Q4 loss

‘working with banks to resolve issues without any haircut’ to lenders + DHFL stock cracks 30 pc after Q4 loss

The company had registered a net profit of Rs 134 crore in the year-ago period. "We are closely working with the stakeholders/creditors t...Read More

DHFL fears it may not continue to stay afloat

DHFL fears it may not continue to stay afloat

As the company posted biggest ever quarterly loss of Rs 2,224 crore for the fourth quarter ended March 31.

DHFL stock plunges 12% on delay in fin results

DHFL stock plunges 12% on delay in fin results

Shares of Dewan Housing Finance Ltd (DHFL) Friday plunged nearly 12% after the cash-strapped firm postponed announcement of its financial...Read More

DHFL defaults on part payment of commercial papers

DHFL defaults on part payment of commercial papers

Liquidity-stressed Dewan Housing Finance Corp Ltd (DHFL) has defaulted on part payment of commercial papers (CPs), which were due Tuesday...Read More

DHFL may sell half stake, expects $1 bn

DHFL may sell half stake, expects $1 bn

Promoters of debt-ridden mortgage lender DHFL are in talks with private equity firms and are expecting to garner USD 1 billion (about Rs ...Read More

DHFL makes Rs 962 cr payment towards NCDs

DHFL makes Rs 962 cr payment towards NCDs

Crisis-ridden DHFL said Tuesday it has paid Rs 962 crore towards interest payment on debt instruments which fell due on June 4, and met t...Read More

Making all efforts to meet obligations within 7 days of grace period: DHFL

Making all efforts to meet obligations within 7 days of grace period: DHFL

After defaulting on its debt obligations, crisis-hit Dewan Housing Finance Ltd (DHFL) Friday said it is taking all necessary steps to mee...Read More

Stress on DHFL highlights funding risk in NBFCs: Fitch

Stress on DHFL highlights funding risk in NBFCs: Fitch

DHFL's liquidity problems and its reported failure this week to pay coupons highlight the funding challenges faced by non-banking financi...Read More

Default grade for DHFL, now

Default grade for DHFL, now

Domestic rating agencies Icra and Crisil on Wednesday downgraded rating on Rs 850 crore worth of commercial paper of Dewan Housing Financ...Read More

DHFL may split its business for takeover by distress funds

DHFL may split its business for takeover by distress funds

Mumbai: Oaktree Capital, Cerberus Capital, Lone Star Funds (Global distressed funds) and Piramal Group are reportedly in talks to acquire...Read More

No evidence of Dewan Housing Finance Corporation Limited forming shell companies to divert funds: Auditor

No evidence of Dewan Housing Finance Corporation Limited forming shell companies to divert funds: Auditor

Mumbai: Dewan Housing Finance Corporation Limited (DHFL) stock price surged 20 per cent in the exchanges on Wednesday. This was after the...Read More

DHFL chief Harshil Mehta steps down

DHFL chief Harshil Mehta steps down

NEW DELHI: DHFL said its CEO Harshil Mehta has decided to resign from his position with immediate effect. “However, he would continue to ...Read More

SBI logs Rs 4,709 crore net on lower bad loan provisions

SBI logs Rs 4,709 crore net on lower bad loan provisions

Mumbai: A healthy improvement in asset quality and a drastic dip in loan-loss provisions, helped State Bank of India (SBI), which control...Read More

Ministry of Corporate Affairs to probe charges against DHFL

Ministry of Corporate Affairs to probe charges against DHFL

New Delhi: The Ministry of Corporate Affairs (MCA) has taken a “very serious note” of allegations of financial mismanagement against Dewa...Read More

DHFL promoters siphoned off Rs 31,000 crore public money, claims Cobrapost

DHFL promoters siphoned off Rs 31,000 crore public money, claims Cobrapost

A news website on Tuesday claimed that primary promoters of DHFL, a housing finance institution, siphoned off over Rs 31,000 crore of pub...Read More

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