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Dewan Housing Finance Corporation

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Avanse Financial CEO on growth plan under new majority owner Warburg Pincus

Finance

09 March, 2020

Avanse Financial CEO on growth plan under new majority owner Warburg Pincus

In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

Finance

09 March, 2020

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......

Bankruptcy law set to face huge test in Dewan Housing case

Finance

22 November, 2019

Bankruptcy law set to face huge test in Dewan Housing case

India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......

RBI to begin bankruptcy proceedings against Dewan Housing Finance

Finance

20 November, 2019

RBI to begin bankruptcy proceedings against Dewan Housing Finance

India’s central bank said on Wednesday it would initiate bankruptcy proceedings against Dewan Housing Finance Ltd (DHFL), as it seeks ......

Govt tweaks bankruptcy rules to help non-bank lenders

Finance

15 November, 2019

Govt tweaks bankruptcy rules to help non-bank lenders

India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking finance ......

 Dewan Housing lenders get temporary relief on $5.6 bn loans

Finance

14 November, 2019

Dewan Housing lenders get temporary relief on $5.6 bn loans

An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting ......

Dewan Housing board approves conversion of debt to equity

Finance

30 August, 2019

Dewan Housing board approves conversion of debt to equity

India's crisis-hit shadow bank Dewan Housing Finance Corp (DHFL) said on Friday its board had approved a plan that included ......

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How NHB's move to stop subvention schemes may affect developers, lenders and buyers

Infrastructure

23 July, 2019

How NHB's move to stop subvention schemes may affect developers, lenders and buyers

The already troubled real estate sector could be in for more pain after the National Housing Bank (NHB) tightened the ......

RBI may soon get power to regulate housing finance companies

Finance

03 July, 2019

RBI may soon get power to regulate housing finance companies

The Indian government will soon give the nation's central bank power to regulate housing finance companies (HFCs), which will almost ......

Grapevine: Blackstone eyes Reliance Group HQ; Warburg, Temasek in race for SBI General

General

01 July, 2019

Grapevine: Blackstone eyes Reliance Group HQ; Warburg, Temasek in race for SBI General

Reliance Group chief Anil Ambani is looking to either sell or give on long-term lease his headquarters at Santacruz in ......