BoM Q2 Net Profit Up 103% to Rs 264 Crore
On Thursday, the Bank of Maharashtra (BoM) had reported an over two-fold jump in net profit on a year-on-year (YoY) basis in the quarter ended...
Tag : DHFL
SBI Asks Lenders Of DHFL to Upgrade Offers
State Bank Of India (SBI), India’s largest bank, has asked the fellow lenders Oaktree Capital Management, Piramal Enterprises Ltd, Adani Enterprises Ltd, and SC Lowy to upgrade their...
Credit Risk Funds Lost Favour in the Last Fiscal
Credit risk funds became steadily more popular with investors after 2016, when fixed deposit rates declined post demonetization, so that some 7.2 per cent of...
ED Finds Fund Diversion of Rs 12,733 Cr Fake Borrowers at DHFL
The Enforcement Directorate (ED) in front of the special court for prevention of money laundering on Wednesday said that Dewan Housing Finance Ltd diverted funds...
NPS Corporate Debt Funds Avoid Default Shocks
The corporate debt fund category of the National Pension System (called Asset Class C) has delivered returns of 11-13 per cent. The average return on corporate bond...
DHFL Bondholders Take the Lender to Bankruptcy Court
The resolution plan of debt-laden shadow lender Dewan Housing Finance Corporation Ltd (DHFL) has hit a roadblock after the custodian of DHFL bonds said that...
DHFL Slips 2% on Fresh Payment Default
Shares of Dewan Housing Finance Corporation (DHFL) declined over 2 per cent in Friday’s trade after the company reported a fresh case of default amounting...
DHFL Resolution Plan Seeks Moratorium on Repayments
Mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its resolution plan seeks a moratorium on repayments but lenders will have to take...
DHFL Defaults Rs 8.07 Crore Bond Repayments
DHFL again defaulted on bond repayments to the tune of Rs 8.07 crore on July 23, according to an exchange filing. DHFL is a Beleaguered...
AION Cap May Infuse Rs 8,000 Crore for 51% Stake
The board of DHFL on Monday authorized the promoters to hold a shareholders’ meeting. The meeting was held to vote on a plan for restructuring...