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Dewan Housing says may not be able to fulfill immediate debt payments

Finance

08 August, 2019

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 ......

Why RBI moves are unlikely to ease pain for struggling NBFCs

Finance

07 August, 2019

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 ......

Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor

Finance

06 August, 2019

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 ......

RBI eases external commercial borrowing norms for companies, NBFCs

Finance

31 July, 2019

RBI eases external commercial borrowing norms for companies, NBFCs

The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......

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SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

Finance

29 July, 2019

SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......

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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 ......

Dewan Housing auditors raise red flags around quarterly results

Finance

23 July, 2019

Dewan Housing auditors raise red flags around quarterly results

India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late on ......

Government seeks to tap foreign lenders for loans to small firms

Finance

19 July, 2019

Government seeks to tap foreign lenders for loans to small firms

India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......

Dewan Housing lenders may accept limited haircuts to finalise rescue package

Finance

16 July, 2019

Dewan Housing lenders may accept limited haircuts to finalise rescue package

Lenders to India’s Dewan Housing Finance Ltd (DHFL) are prepared to accept limited haircuts as part of a debt restructuring ......

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

General

16 July, 2019

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

The National Investment and Infrastructure Fund (NIIF) is considering deploying $100 million (about Rs 685.4 crore at current exchange rate) ......