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1 min read
Wadhawans lose control of DHFL after RBI dissolves the board after multiple defaults
The Reserve Bank on Wednesday superseded the board of the troubled Dewan Housing Finance Corpora…
PTI
1 min read
This almost-defaulter saves itself by selling its loans to a foreign investor
DHFL has used this money to pay off its debt. According to reports, the transaction was monitore…
2 mins read
India’s central bank is on high alert amid fears of a ₹8.5 billion default by housing finance major
The Reserve Bank of India (RBI) governor Shaktikanta Das today said that the central bank could ste…
1 min read
DHFL fails to repay ₹50 crore on secured non-convertible debentures – blames moratorium restrictions for non-payment
"It may please be noted that the company is currently under moratorium pursuant to Section 14 of…
2 mins read
Top stocks to watch— Tata Group, Future Enterprises, RIL, Central Bank of India, DHFL, CARE Ratings and others
Amid the mixed cues from the global market, the Indian stock market is likely to open on a muted no…
1 min read
DHFL postpones release of financial results; new date to be announced later
Mumbai, Nov 22 () Crippled mortgage lender DHFL, whose management has been taken over by the RBI, o…
PTI
2 mins read
Indian pension fund says it won’t lend money to private companies
The credit crunch in the Indian economy is getting more acute by every passing day. The latest…
2 mins read
Budget 2019: RBI will regulate housing finance companies, tighten hold on NBFCs
"The National Housing Bank (NHB), besides being the refinancer and lender, is also regulator of…
2 mins read
Oust Vodafone's board for a new one like in IL&FS and DHFL says former finance secretary
Former finance secretary Subhash Chandra Garg on Wednesday said the government should offer a…
PTI
5 mins read
Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults
The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…
5 mins read
10 financial scams that shook India: A dive into deception
From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…
2 mins read
NCDs may offer a higher interest rate than fixed deposits but experts advise caution
A non-convertible debenture, (NCD), is a type of debt instrument that lacks the option for buyers t…
2 mins read
Karnataka Bank reports ₹285 crore fraud in four loan accounts
Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs …
PTI
2 mins read
Economic Survey unveils Health Score to detect early-warning signals in NBFCs
New Delhi, Jan 31 () The Economic Survey on Friday unveiled an early-warning system, 'Health Score'…
PTI
6 mins read
Rana Kapoor's hotels, bungalows, flats and paintings — everything that Yes Bank founder is suspected for buying with kickbacks
Yes Bank founder Rana Kapoor shunned the family jewellery businesses to break into the tough world …