Page 23 - Dhfl

DHFL's default can expose Rs 1-trn in borrowing to risk of default: CLSA

CLSA feels asset sales will be key to prevent defaults by DHFL, as expected repayments over the next two months are higher at Rs 6,000 crore versus expected collections of Rs 4,000 crore

DHFL assigned default rating; MFs with high exposure see 30-50% drop in NAV

CRISIL and Icra assigned 'D' rating to DHFL's commercial papers, anticipating a default, while CARE Ratings marked D, or default, the housing finance firm's all long-term facilities

DHFL crisis: How the housing finance giant's fortunes took a downward turn

A strong brand in tier-II and lower cities, DHFL was an AAA-rated company till February 3, when it was downgraded to AA+ by CARE Ratings. A series of downgrades has eroded its stock by half since then

Crisil downgrades DHFL's commercial papers to 'default' from A4+

The downgrade comes after reports of default by the company in paying interest to the tune of Rs 900-1,000 crore of NCDs

DHFL-exposed MF schemes suffer 30-50% drop in NAVs, Icra data shows

Mutual fund exposure to DHFL debt paper was Rs 5,169 cr as on April-end; instruments have not yet been downgraded to 'default' or D grade

DHFL shares fall nearly 4% amid reports of lookout notice against promoters

40.44 lakh shares were traded on the BSE and over four crore shares on the NSE during the day

Bailout dilemma

Special credit window for NBFCs isn't a good idea

DHFL stock falls 17.5% after it stops premature withdrawal of deposits

The plan should be now to sell down assets as much as possible and generate liquidity for the short-term

Liquidity-starved DHFL stops fresh deposits, premature withdrawals

On Friday, the company's credit ranking was downgraded by Brickwork Ratings to 'BBB-Plus'

DHFL shrugs off CRISIL's credit rating downgrade, gains 11% from day's low

CRISIL has downgraded rating on DHFL's commercial paper from "A3+" to "A4+" on concerns over the more-than-expected reduction in liquidity.

CRISIL downgrades rating on DHFL commercial paper over liquidity concerns

Flags concern on dwindling liquidity; stock down 4.6%

DHFL pays interest and principal of Rs 832 crore to bond investors

These non-convertible debentures were issued on a private placement basis, DHFL said in a statement

Dewan Housing Finance Corp independent director V K Chopra resigns

The company is under the scanner of various authorities following allegations of siphoning off Rs 31,000 crore out of total bank loans of Rs 97,000 crore through layers of shell companies

DHFL did not promote any shell companies, says audit report

The independent audit report is on 39 of the 64 allegations levelled against the housing finance company by a news agency

DHFL fights to stay afloat: From wooing banks to managing brand name

In many ways, it is the reflection of the larger non-banking finance company (NBFC) sector fighting a liquidity crisis. But DHFL is a special case

DHFL shares fall 8% after Icra downgrades commercial paper programme

Icra downgraded DHFL's Rs 8,000-crore CPs from 'A1 plus' to 'A2 plus'

Kapil Wadhawan will be CEO of DHFL until a strategic partner comes on board

Harshil Mehta, who quit as joint managing director and CEO on Feb 13, to continue as Executive President-Retail Business

DHFL stock zooms 16% after resignation of its CEO Harshil Mehta

On the traded volume front, 59.76 lakh shares were traded on the BSE and over 5 crore units on the NSE

Harshil Mehta resigns as DHFL CEO, to continue association with firm

Besides, the board has recommended appointment of Sunjoy Joshi as an Independent Director and Srinath Sridharan as a Non-Executive Director

673,000 unsold homes hold the key to India's next shadow-banking crisis

Lenders suddenly find themselves uncomfortably exposed to India's struggling property developers