Search For "lender"
DHFL stock jumps 12 pc on investor proposals to buy stake
Updated : 6 years, 10 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, 10 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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HDFC Bank Q1 FY20 profit up 21 pc at Rs 5,568 crore
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], June 20 (ANI): Private lender HDFC Bank on Saturday reported a net profit of Rs 5,568 crore for the quarter ended June 30, marking an increase of 21 per cent in the year-on period.
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Reliance Infrastructure inter-creditor pact signed among 16 lenders
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Reliance Infrastructure Limited's 16 lenders have signed the inter-creditor agreement (ICA), the Anil Ambani-owned company said on Thursday, adding it aims to be debt free by next year.
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Bajaj Finance new loans in Q1 increase to 73 lakh
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 9 (ANI): Bajaj Finance, the largest consumer durable lender in the country, said on Tuesday that its new loans booked during April to June quarter of the current fiscal year 2019-20 increased to 73 lakh as compared to 56 lakh in the same period of previous
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AP: Unable to repay loan, man immolates self in Vijayawada; dies
Updated : 6 years, 10 months ago IST
Vijayawada (Andhra Pradesh) [India], June 30 (ANI): A businessman committed self-immolation allegedly over failing to repay the loan to a private money lender. The elderly man identified as Lakshman Rao later succumbed to burns while undergoing treatment at a private medical hospital here on
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Reliance raises $1.85 billion long-term loan to infuse into Jio
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): Mukesh Ambani-led Reliance Industries has signed pacts with overseas lenders to avail long-term loans of 1.85 billion dollars (about Rs 12,850 crore) to finance its capital expenditure for the telecom arm.
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Adani Power says resolution plan for GMR Chhattisgarh approved
Updated : 6 years, 11 months ago IST
Ahmedabad (Gujarat) [India], June 26 (ANI): A consortium of lenders led by Axis Bank has issued a letter of intent approving Adani Power's resolution plan to acquire controlling equity stake and restructure debt in GMR Chhattisgarh Energy Limited (GCEL).
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RBI penalises HDFC Bank for violating KYC norms
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Jun 19 (ANI): The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC Bank for violation norms relating to know-your-customer (KYC), anti-money laundering and reporting of frauds.
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Lenders to begin insolvency proceedings against Jet Airways
Updated : 6 years, 11 months ago IST
New Delhi [India], June 18 (ANI): Insolvency proceedings against Jet Airways are likely to begin this week as a consortium of lenders led by the State Bank of India (SBI) failed to find a buyer for the beleaguered airline.
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More than 250 Indian and International Fintech Firms participate in 3rd ed
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India] ANI 14 (ANI/BusinessWire India): The 3rd edition of the Digital Lenders' Association of India (DLAI)'s annual conclave held today at Taj Mahal Palace, Mumbai saw participation by over 250 of the leading Indian and International Fintech firms.
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DHFL demise highlights funding risk at Indian non-bank lenders: Fitch
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Dewan Housing Finance Corporation Limited's (DHFL) liquidity problems and its failure this week to pay coupons highlight the funding challenges faced by India's non-bank finance sector, according to Fitch Ratings.
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