DHFL's resolution plans hit roadblock; bondholders take debt-laden shadow lender to bankruptcy court
DHFL said the company is undergoing substantial financial stress since the second half of the previous financial year.
ICRA said in May it had appointed external experts to probe the anonymous complaint concerning the credit rating it assigned to one of its customers
Amid liquidity woes, DHFL curbs premature withdrawals, stops accepting fresh deposits; shares down 9.85%
Cash-starved Dewan Housing Finance Corporation Ltd (DHFL) has decided to restrict premature withdrawal of deposits and stop accepting fresh deposits as part of reorganising its "liability management" efforts, sources said
Bharti Airtel may face rating downgrade in 6-12 months if intense competition decreases its margins, says Moody's
Telecom major Bharti Airtel may face a rating downgrade in next 6-12 months if intense competition remains in the market and decreases its margins
According to Fitch, some Indian banks are at risk of skipping on obligations despite the pressure easing measures by the Reserve Bank of India (RBI), additional capital infusions into government owned banks.
The government is considering roping in 2-3 banks, including SBI and PNB for the fund
PM Narendra Modi is under pressure to perform after a budget packed with ambitious targets met mild scepticism from investors and credit-rating agencies.