Dewan Housing-finance-ltd

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Dewan Housing-finance-ltd - Total results - 5
DHFL diverted Rs 12,773 cr to 79 companies via 1 lakh fictitious retail customers as loans, says ED
Business

DHFL diverted Rs 12,773 cr to 79 companies via 1 lakh fictitious retail customers as loans, says ED

The agency found that the loans were diverted between 2011 and 2016 and the 79 companies were allegedly associated with the promoters of DHFL

Govt orders SFIO probe against crisis-hit DHFL after finding instances of suspected fund diversions
Business

Govt orders SFIO probe against crisis-hit DHFL after finding instances of suspected fund diversions

The government has ordered an SFIO probe into alleged financial irregularities at mortgage lender DHFL after finding instances of suspected fund diversions, according to a source

DHFL lenders led by State Bank of India expected to complete debt resolution plan quickly
Business

DHFL lenders led by State Bank of India expected to complete debt resolution plan quickly

DHFL said, the company, in the past 12 months has repaid obligations of nearly Rs 45,000 crore, which is nearly 40 percent of its current balance sheet size.

DHFL's bondholders get three-week deadline to be on board with rescue plan evaluated by banks
Business

DHFL's bondholders get three-week deadline to be on board with rescue plan evaluated by banks

DHFL has already submitted a resolution plan to its committee of core creditors, which is currently being evaluated,

DHFL is no IL&FS yet, but it isn’t far from getting there unless a Santa shows up with bag full of good money
Business

DHFL is no IL&FS yet, but it isn’t far from getting there unless a Santa shows up with bag full of good money

DHFL’s scheduled aggregate cash outflows (including loan repayment and securitisation payouts) till July 2019 remain high, at around Rs 8,400 crore.