Page 21 - Dhfl

DHFL pays Rs 962 cr towards non-convertible debentures within cure period

The company added that since September 2018, it has managed to make liabilities payment of over Rs 36,000 crore without availing of any fresh funding from any lender

DHFL, Reliance Capital using 'box firms' to avoid disclosures: Report

DHFL, Reliance Capital use the structure to avoid disclosures: REDD Intelligence

Auditors ask Dewan Housing additional queries on fund deployment

DHFL received clean chit from independent audit firm in March on Cobrapost allegations on fund diversion

Micro housing finance companies choke on acute fund crunch post DHFL crisis

In the last few months, many micro housing companies had already shrunk their lending operations by 40-45% in the absence of funding

DHFL aims to clear all dues by the end of 'cure period', rescale business

According to a company source, the group will repay the dues by Thursday, even as its Managing Director and Chief Executive Officer Kapil Wadhawan said payments will be made on Monday

DHFL crisis: NBFC stocks stare at a difficult path to retain investor faith

With many uncertainties gripping the sector, brokerages such as Normura, CLSA, Credit Suisse, and Morgan Stanley prefer banks over NBFCs

Exit or hold? What you should do if your mutual fund is exposed to DHFL

Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor

DHFL impact: Partial relief for some MFs; BNP Paribas, Reliance get dues

The dues were pending since Tuesday (June 4), when these papers matured

DHFL impact pinches FMP investors; UTI MF takes 100% markdown

Close to a dozen FMPs of Reliance MF and UTI MF - which have exposures to DHFL - are maturing in the next three months

Why Modi govt should plan mega-bailout of distressed financial industry now

The latest casualty is Dewan Housing Finance Corp, which missed payments due June 4 and had its short-term credit rating cut to default at the local affiliate of S&P Global Ratings

Fear of contagion looms over financial sector after DHFL's payment default

Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs

Mutual fund industry in a tizzy over DHFL fallout, halts fresh inflows

AMCs announce 'side pocketing' for schemes with DHFL exposure

DHFL's default can expose Rs 1-trn in borrowing to risk of default: CLSA

CLSA feels asset sales will be key to prevent defaults by DHFL, as expected repayments over the next two months are higher at Rs 6,000 crore versus expected collections of Rs 4,000 crore

DHFL assigned default rating; MFs with high exposure see 30-50% drop in NAV

CRISIL and Icra assigned 'D' rating to DHFL's commercial papers, anticipating a default, while CARE Ratings marked D, or default, the housing finance firm's all long-term facilities

DHFL crisis: How the housing finance giant's fortunes took a downward turn

A strong brand in tier-II and lower cities, DHFL was an AAA-rated company till February 3, when it was downgraded to AA+ by CARE Ratings. A series of downgrades has eroded its stock by half since then

Crisil downgrades DHFL's commercial papers to 'default' from A4+

The downgrade comes after reports of default by the company in paying interest to the tune of Rs 900-1,000 crore of NCDs

DHFL-exposed MF schemes suffer 30-50% drop in NAVs, Icra data shows

Mutual fund exposure to DHFL debt paper was Rs 5,169 cr as on April-end; instruments have not yet been downgraded to 'default' or D grade

DHFL shares fall nearly 4% amid reports of lookout notice against promoters

40.44 lakh shares were traded on the BSE and over four crore shares on the NSE during the day

Bailout dilemma

Special credit window for NBFCs isn't a good idea

DHFL stock falls 17.5% after it stops premature withdrawal of deposits

The plan should be now to sell down assets as much as possible and generate liquidity for the short-term