Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Lucknow (Uttar Pradesh) [India], Nov 24 (ANI): In a big relief to the Uttar Pradesh Power Corporation Limited (UPPCL) employees, the state government has assured that it would ensure the return of provident fund money invested in scam-hit Deewan Housing Finance Limited (DHFL).
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
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
Chennai (Tamil Nadu) [India], Nov 19 (ANI): Troubled private sector lender Lakshmi Vilas Bank (LVB) said on Tuesday that Sundaram Shankar, General Manager at the Reserve Bank of India (RBI) Hyderabad regional office, has been appointed as additional director on the board for a period of two
Pune (Maharashtra) [India] Nov 13(ANI/BusinessWire India): Bajaj Housing Finance Limited (BHFL) is offering first-time homeowners a Home Loan clubbed with the benefits of Pradhan Mantri Awas Yojana (PMAY-Urban).
New Delhi [India], Nov 10 (ANI): The likely loss to Uttar Pradesh State Power Sector Employees Trust due to investments in controversial Dewan Housing Finance Ltd (DHFL) will have an impact on UP Power Corporation Ltd's (UPPCL's) financial performance, according to India Ratings and Research
Mumbai (Maharashtra) [India], Nov 7 (ANI): Aditya Birla Capital Ltd said on Thursday its consolidated profit after tax after minority interest in Q2 FY2019-20 grew by 37 per cent year-on-year to Rs 256 crore on the back of a diversified business portfolio.
Mumbai (Maharashtra) [India], Nov 7 (ANI): Indiabulls Housing Finance's consolidated net profit dipped by 32 per cent to Rs 702 crore in the July to September quarter from Rs 1,035 crore in the corresponding quarter of previous financial year.
Pune (Maharashtra) [India] Nov 6 (ANI/BusinessWire India): Bajaj Housing Finance Limited, the subsidiary of Bajaj Finance Limited has announced that it will be offering new salaried customers home loan financing starting at an interest rate of 8.55 per cent. This new rate is applicable on
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.
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