Page 15 - Dhfl

State Bank may seek RBI approval for DHFL insolvency proceedings

Banks led by SBI may make a representation to the RBI, stating the current resolution process did not find much success and they would like to opt for resolution under the IBC

DHFL default cases land in Supreme Court as fixed-deposit holder files plea

A special leave petition in the SC was filed on Monday and it is expected to be listed in the next few weeks

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

Yogi government warns workers against arson, disrupting power supply

UP provident fund scam: PF trusts bent rules to invest Rs 4,122 cr in DHFL

99% of corpus of UP power employees' PF trusts invested in DHFL, PNB Housing, and LIC Housing

HC relief for SBI, other lenders in debt recovery from crisis-hit DHFL

The lenders, led by State Bank of India, Bank of Baroda and IDFC had moved the high court seeking a relief from an earlier order that restrained DHFL from making any payments to creditors

Rs 4,000-cr EPF scam: Adityanath govt removes UPPCL chairman Alok Kumar

EPF Scam: Adityanath govt removes Chairman of Power Corporation

Rs 4,100 cr UP PF scam: DHFL refers to HC order for stalled repayment

The company claims it had made provisions in cash flow for maturing fixed deposits

63 Moons dues: Bombay HC stops DHFL promoters from leaving the country

63 Moons, which had subscribed to the non-convertible debentures (NCD) of DHFL, approached the court after the company failed to repay the money.

Govt not planning to help banks rescue shadow lender DHFL: Report

A consortium - led by Union Bank (UNBK.NS) and State Bank of India (SBI.NS) - was set up to restructure DHFL's (DWNH.NS) debt a month after it first defaulted in June

Govt may ignore banks' request for help in rescuing DHFL: Report

A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June

Confidence in financial sector at stake

IL&FS, DHFL and PMC Bank scandals have left people apprehensive about financial institutions

EPF scam: UP economic offence wing turns heat on Union Agriculture Secy

What makes matters worse for the top Union government Secretary is the mounting pressure from thousands of state government employees and labour unions to initiate action

After DHFL crisis, centre to issue new rules to bring NBFCs under IBC

DHFL is one of the largest HFCs that ran into trouble last year soon after the collapse of IL&FS

Bankers expect resolution of debt-ridden DHFL to be finalised by Dec-end

The Inter-Creditor Agreement (ICA) is in place for the resolution of the account and banks are looking at it, the senior banker said.

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

Didn't transfer power employees' PF to DHFL during the SP regime: Akhilesh

Akhilesh also demanded the resignation of Uttar Pradesh Chief Minister Yogi Adityanath

Stopped payment to creditors following Bombay High Court orders: DHFL

This clarification has come a day after Congress General Secretary Priyanka Gandhi termed the company a defaulter

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

Yogi govt recommends CBI probe, to cooperate with ED probe

Govt orders SFIO probe into Rs 31,000-cr financial irregularities at DHFL

Dewan Housing Finance Ltd came under the scanner in the wake of allegations that the company had siphoned off Rs 31,000 crore worth bank loans through layers of shell entities

Irdai asks insurers to give details on exposure to DHFL, IL&FS, ADAG

All the four entities, for which data was sought by Irdai on October 9, have been downgraded by credit rating agencies recently