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Page 17 - Dhfl

After DHFL crisis, centre to issue new rules to bring NBFCs under IBC

DHFL is one of the largest HFCs that ran into trouble last year soon after the collapse of IL&FS

After DHFL crisis, centre to issue new rules to bring NBFCs under IBC
Updated On : 06 Nov 2019 | 9:50 PM IST

Bankers expect resolution of debt-ridden DHFL to be finalised by Dec-end

The Inter-Creditor Agreement (ICA) is in place for the resolution of the account and banks are looking at it, the senior banker said.

Bankers expect resolution of debt-ridden DHFL to be finalised by Dec-end
Updated On : 06 Nov 2019 | 12:26 AM IST

EPF scam: UP power minister trashes SP chief Akhilesh Yadav's allegations

Yadav alleged that Yogi govt invested around Rs 2,600 crore of power employees' provident fund money in the DHFL

EPF scam: UP power minister trashes SP chief Akhilesh Yadav's allegations
Updated On : 05 Nov 2019 | 11:03 PM IST

Didn't transfer power employees' PF to DHFL during the SP regime: Akhilesh

Akhilesh also demanded the resignation of Uttar Pradesh Chief Minister Yogi Adityanath

Didn't transfer power employees' PF to DHFL during the SP regime: Akhilesh
Updated On : 05 Nov 2019 | 4:13 PM IST

Stopped payment to creditors following Bombay High Court orders: DHFL

This clarification has come a day after Congress General Secretary Priyanka Gandhi termed the company a defaulter

Stopped payment to creditors following Bombay High Court orders: DHFL
Updated On : 04 Nov 2019 | 1:29 AM IST

Political slugfest over investment of Rs 4,000 crore in DHFL by UPPCL

Yogi govt recommends CBI probe, to cooperate with ED probe

Political slugfest over investment of Rs 4,000 crore in DHFL by UPPCL
Updated On : 04 Nov 2019 | 12:59 AM IST

Govt orders SFIO probe into Rs 31,000-cr financial irregularities at DHFL

Dewan Housing Finance Ltd came under the scanner in the wake of allegations that the company had siphoned off Rs 31,000 crore worth bank loans through layers of shell entities

Govt orders SFIO probe into Rs 31,000-cr financial irregularities at DHFL
Updated On : 01 Nov 2019 | 5:15 PM IST

Irdai asks insurers to give details on exposure to DHFL, IL&FS, ADAG

All the four entities, for which data was sought by Irdai on October 9, have been downgraded by credit rating agencies recently

Irdai asks insurers to give details on exposure to DHFL, IL&FS, ADAG
Updated On : 01 Nov 2019 | 1:55 AM IST

Govt to soon order SFIO probe into financial irregularities at DHFL

There is good enough reason to refer the DHFL matter to SFIO, an official said adding, the report indicates fund diversion and siphoning

Govt to soon order SFIO probe into financial irregularities at DHFL
Updated On : 30 Oct 2019 | 3:13 AM IST

Top headlines: Airtel defers Q2 results, SFIO probe into DHFL, and more

The government is likely to order an SFIO probe on the financial irregularities at troubled mortgage firm DHFL soon

Top headlines: Airtel defers Q2 results, SFIO probe into DHFL, and more
Updated On : 29 Oct 2019 | 5:15 PM IST

A health check on India's shadow banks shows the crisis is far from over

Troubles began last year when major shadow bank IL&FS Group unexpectedly defaulted, prompting broader shock that made it hard for many companies to refinance debt

A health check on India's shadow banks shows the crisis is far from over
Updated On : 27 Oct 2019 | 4:22 PM IST

Tata MF moves NCLT to recover Rs 120 cr from DHFL, others may go legal too

The next hearing on the matter is expected to be held in the second week of November

Tata MF moves NCLT to recover Rs 120 cr from DHFL, others may go legal too
Updated On : 26 Oct 2019 | 12:06 AM IST

DHFL audit firm TP Ostwal & Associates comes under Sebi, RBI lens

Ostwal was appointed by DHFL board within days of the Cobrapost expose

DHFL audit firm TP Ostwal & Associates comes under Sebi, RBI lens
Updated On : 25 Oct 2019 | 3:15 PM IST

Plotting a fantasy: 3 reasons why DHFL's rescue plan is entirely fictional

The only reason the rescue is even being attempted is to delay - as long as possible - the collapse of the large shadow lender Dewan Housing Finance

Plotting a fantasy: 3 reasons why DHFL's rescue plan is entirely fictional
Updated On : 25 Oct 2019 | 8:08 AM IST

DHFL lenders consider liquidating firm's assets to recover their dues

Lenders are discussing liquidating or buying out the assets of DHFL in lieu of their loan dues

DHFL lenders consider liquidating firm's assets to recover their dues
Updated On : 25 Oct 2019 | 2:08 AM IST

DHFL-Oaktree deal may not fructify till lenders clear resolution plan

The PE firm is unlikely to budge on the deal until the resolution plan is finalised and implemented by the lenders, says a person aware of the development

DHFL-Oaktree deal may not fructify till lenders clear resolution plan
Updated On : 24 Oct 2019 | 2:10 AM IST

DHFL crisis: Banks stare at huge provision burden if fraud is established

KPMG did a forensic audit on DHFL. Its draft report has startling findings and says DHFL could have diverted funds to promoter-led entities

DHFL crisis: Banks stare at huge provision burden if fraud is established
Updated On : 24 Oct 2019 | 2:07 AM IST

KPMG forensic audit finds fund diversion from DHFL to promoter-led entities

The forensic audit report said DHFL could not provide a robust and well-defined tracking mechanism for end-use of funds disbursed by the company

KPMG forensic audit finds fund diversion from DHFL to promoter-led entities
Updated On : 24 Oct 2019 | 2:03 AM IST

DHFL crisis set to linger on as forensic audit points to fund diversion

The third-largest mortgage lender had sought a Rs 15,000-crore lifeline from the lenders as they finalise the resolution plan

DHFL crisis set to linger on as forensic audit points to fund diversion
Updated On : 23 Oct 2019 | 1:38 AM IST

Enforcement Directorate probes real estate deal of DHFL associate company

Essential Hospitality sold the office to a firm controlled by ex-Maharashtra CM's son-in-law

Enforcement Directorate probes real estate deal of DHFL associate company
Updated On : 22 Oct 2019 | 1:28 AM IST