The deceleration in the non-bank lending industry continues to haunt real-estate companies. Mumbai-based Radius Developers has defaulted on scheduled interest payments on an Rs 1,200-crore...
In early trade on Wednesday, shares of Dewan Housing Finance Corporation (DHFL) passed nearly 9 per cent after it defaulted on Commercial Papers (CP) repayment....
All outstanding borrowings of Dewan Housing Finance Ltd. has set to ‘Default’ grade by Care Ratings as the non-bank lender missed interest payments on non-convertible...