Dewan Housing Finance Corp
Finance
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden ......
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......
Infrastructure
Indian real estate slump leaves beleaguered banks exposed
India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......
Finance
Dewan Housing proposes converting debt to equity under draft resolution plan
India’s crisis-hit shadow bank Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan proposing to convert debt to ......
Finance
Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali
A year after non-banking finance companies (NBFC) plunged into a liquidity crisis that made investors risk-averse, many firms are looking ......
Investor Bulletin
Podcast: Mega bank merger, Dewan Housing in spotlight
The government on Friday approved four sets of mergers that will reduce the number of state-owned banks to 12. The move ......
Finance
Dewan Housing says may not be able to fulfill immediate debt payments
India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd (DHFL) on Thursday said it may not be able to fulfill ......
Finance
Why RBI moves are unlikely to ease pain for struggling NBFCs
The Reserve Bank of India, which also cut its benchmark policy rate by 35 basis points on Wednesday, said it ......
Finance
Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor
India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take ......
Finance
Govt unveils capital infusion plan for housing finance companies
India is infusing an additional 100 billion rupees in housing finance companies to boost lending in the sector, a government ......