DHFL defaults on NCD repayments of Rs 50 crore
NEW DELHI: DHFL has defaulted on payment of Rs 50 crore on bonds, saying the company is not in a position to make payments to the lenders as it is… Read more »
Tag: DHFL
DHFL administrator asks investors to file claims before December 17
MUMBAI: In a major development, the RBI-appointed Administrator for the beleaguered Dewan Housing Finance Ltd (DFHL) on Thursday asked all its fixed deposit and non-convertible debenture holders to file their… Read more »
Government orders SFIO probe against crisis-hit DHFL
NEW DELHI: The government of India has ordered an SFIO probe into alleged financial irregularities at mortgage lender DHFL after finding instances of suspected fund diversions, according to a source…. Read more »
IL&FS, DHFL, Cox & Kings and now Altico, why raters keep missing big defaults
Mounting debt failures in India have been catching rating companies off guard, underscoring continued challenges a year after the landmark failure of shadow bank IL&FS increased scrutiny of the industry…. Read more »
DHFL, Altico default on bond repayments
NEW DELHI: Crisis-ridden non-banking financial company DHFL on Thursday reported a fresh case of default amounting to Rs 196.65 crore on bond repayment obligation. Another NBFC Altico also said it… Read more »
DHFL board approves plan to convert debt into equity, sell assets
BENGALURU: India’s crisis-hit shadow bank Dewan Housing Finance Corp (DHFL) said on Friday its board had approved a plan that included converting debt into equity, even as it seeks to… Read more »
DHFL seeks a Rs 15,000-crore lifeline as resolution plan gets delayed
NEW DELHI: Troubled mortgage lender Dewan Housing Finance (DHFL) has sought Rs 15,000 crore from banks immediately to pay its retail customers and project developers, said sources. The company last… Read more »
DHFL says it may not be able to fulfill immediate debt payments
BENGALURU: India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd (DHFL) on Thursday said it may not be able to fulfill its debt obligations due in the near future. This… Read more »
DHFL’s bondholders get three-week deadline to be on board with rescue plan
BY: Nupur Anand and Abhirup Roy MUMBAI: Bondholders of troubled shadow lender Dewan Housing Finance Ltd (DHFL) have been given a three-week deadline to decide if they are on board… Read more »
Kotak mutual fund exposure in DHFL at Rs 140 crore
KOLKATA: Kotak Mahindra Asset Management Company has a total exposure of around Rs 140 crore in crisis-hit home loan and property finance firm Dewan Housing Finance Corporation Ltd (DHFL), a… Read more »