Search For "dewan housing finance corporation"
RBI appoints advisory panel to assist administrator of DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Reserve Bank of India (RBI) on Friday appointed a three-member advisory committee to assist R Subramaniakumar, the former Managing Director and CEO of Indian Overseas Bank who recently took over the administrator for Dewan Housing Finance Corpo
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RBI supersedes DHFL board, to initiate insolvency proceedings
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
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ED grills DHFL director for loan to firm linked to Iqbal Mirchi
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 6 (ANI): Dheeraj Wadhawan, non-executive director of Dewan Housing Finance Corporation (DHFL), was quizzed by the Enforcement Directorate (ED) in connection with the sanction of loan to a firm allegedly linked to gangster Iqbal Mirchi.
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UP govt approves CBI inquiry into Power Corporation EPF scam case
Updated : 6 years, 4 months ago IST
Lucknow (Uttar Pradesh) [India], Nov 3 (ANI): Uttar Pradesh Additional Chief Secretary Avnish Awasthi on Sunday said that the state government has given approval for a CBI inquiry into a case of alleged investment of over Rs 2,600 crores of Uttar Pradesh power employees' provident fund money
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UP: Rs 2600-crore fund invested in DHFL, two held
Updated : 6 years, 4 months ago IST
Lucknow (Uttar Pradesh) [India], Nov 3 (ANI): Two officers have been arrested in a case related to the alleged investment of over Rs 2,600 crores of Uttar Pradesh power employees' provident fund money in scam-hit Dewan Housing Finance Corporation Limited (DHFL).
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SFIO may probe allegations of fund diversions by DHFL: sources
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 29 (ANI): The Ministry of Corporate Affairs is likely to recommend a probe by Serious Fraud Investigation Office (SFIO) into allegations of siphoning funds by the beleaguered Dewan Housing Finance Corporation (DHFL) to a host of promoter-led entities.
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DHFL to discuss draft resolution plan with bankers
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): Financially-strapped Dewan Housing Finance Corporation (DHFL) will discuss its draft resolution plan at a meeting of lenders on Wednesday.
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DHFL reports fresh default on payment obligations of Rs 1,571 crore
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 20 (ANI): Dewan Housing Finance Corporation (DHFL) has said it defaulted on its financial repayment obligations worth Rs 1,571 crore with regard to the issuance of bonds and commercial papers.
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DHFL says it may default again on payment obligations
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 9 (ANI): Dewan Housing Finance Corporation (DHFL) has said that its payment obligations falling due in the immediate future may not be met as per their existing schedule.
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DHFL readies resolution plan in consultation with Ernst & Young
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): Dewan Housing Finance Corporation (DHFL) said on Tuesday that the special committee has approved a draft resolution plan which the company formulated in consultation with financial adviser Ernst & Young.
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DHFL stock jumps 12 pc on investor proposals to buy stake
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Shares of Dewan Housing Finance Corporation (DHFL) moved up sharply on Tuesday as the private lender reported receiving investor proposals for buying stake in the company.
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DHFL's solvency stress is credit negative for Indian banks: Moody's
Updated : 6 years, 8 months ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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