Page 2 - Dewan Housing Finance Dhfl

DHFL hits 5% upper circuit amid reports Co may resume lending in few weeks

The report added that the consortium of lenders, led by the State Bank of India, granted the permission to resume lending in October.

Blackstone's India mortgage lender may get out of small-builder business

The RBI seized control of Dewan Housing on Wednesday, stepping up efforts to contain the economic fallout from the nation's shadow banking crisis

SBI Chairman hopes IBC timeline be adhered to in DHFL resolution

The Mumbai-headquartered pureplay mortgage lender has become the first NBFC or housing finance company to go for bankruptcy resolution

Rs 4,100-crore PF scam: UP power employees on indefinite strike from Nov 28

Memo submitted to 'mini PMO' in Varanasi, Modi's constituency

Ahead of bankruptcy process, RBI puts DHFL board under administrator

The announcement comes after the government last week empowered the RBI to refer stressed NBFCs and HFCs having assets worth of at least Rs 500 crore to insolvency court

Rs 4,100-crore EPF scam: UP power employees begin 48-hour work boycott

Yogi government warns workers against arson, disrupting power supply

Rs 4,100 crore PF scam: UP power employees announce 48 hour work boycott

They demand Adityanath government to undertake repayment of PF money

EPF scam: UP power minister trashes SP chief Akhilesh Yadav's allegations

Yadav alleged that Yogi govt invested around Rs 2,600 crore of power employees' provident fund money in the DHFL

Political slugfest over investment of Rs 4,000 crore in DHFL by UPPCL

Yogi govt recommends CBI probe, to cooperate with ED probe

Top headlines: Airtel defers Q2 results, SFIO probe into DHFL, and more

The government is likely to order an SFIO probe on the financial irregularities at troubled mortgage firm DHFL soon

Plotting a fantasy: 3 reasons why DHFL's rescue plan is entirely fictional

The only reason the rescue is even being attempted is to delay - as long as possible - the collapse of the large shadow lender Dewan Housing Finance

DHFL-Oaktree deal may not fructify till lenders clear resolution plan

The PE firm is unlikely to budge on the deal until the resolution plan is finalised and implemented by the lenders, says a person aware of the development

KPMG forensic audit finds fund diversion from DHFL to promoter-led entities

The forensic audit report said DHFL could not provide a robust and well-defined tracking mechanism for end-use of funds disbursed by the company

DHFL crisis set to linger on as forensic audit points to fund diversion

The third-largest mortgage lender had sought a Rs 15,000-crore lifeline from the lenders as they finalise the resolution plan

DHFL nears 14-year low after Edelweiss moves HC to recover dues

The stock of housing finance company was trading at its lowest level since March 2009 and was trading near its 14-year low of Rs 23.25, touched on May 2005.

'Sitting ducks': $63 bn of zombie buildings sound alarm for Indian banks

As lenders stop new credit, builders are forced to offload properties

Banks may take majority stake in DHFL, convert part of debt into equity

DHFL owes banks Rs 40,600 crore. It also has a liability of Rs 45,380 crore to pay the holders of debentures and bonds

Cash-strapped DHFL seeks Rs 15,000-crore immediate funding from banks

Home financier DHFL owes an estimated Rs 90,000 crore to banks, National Housing Bank and other creditors

DHFL says it may not be able to fulfill its immediate debt payments

DHFL had earlier said its creditors would not have to take any haircut on principal payments under its resolution plan.

Dealing with DHFL

Asset destruction should be minimised