Dsp Mutual-fund

Showing of 1 - 20 from 7 results
Dsp Mutual-fund - Total results - 7
DHFL lessons for shadow banks: Turning blind eye to risk management for quick growth makes profit-hungry NBFCs vulnerable
Business

DHFL lessons for shadow banks: Turning blind eye to risk management for quick growth makes profit-hungry NBFCs vulnerable

CRISIL downgraded DHFL commercial paper worth Rs 850 crore too on account of the weak liquidity condition of the company.

DSP Mutual Fund recovers entire dues of Rs 150 cr from DHFL; leads to 'positive' impact on 7 of its funds
Business

DSP Mutual Fund recovers entire dues of Rs 150 cr from DHFL; leads to 'positive' impact on 7 of its funds

DHFL owes around Rs 1 lakh crore to the system, including over Rs 50,000 crore to banks, while the rest are from entities like mutual funds.

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,

Bankers worry DSP Mutual Funds' legal action will delay rescue of DHFL; other creditors may be pushed to take legal action
Business

Bankers worry DSP Mutual Funds' legal action will delay rescue of DHFL; other creditors may be pushed to take legal action

In July, DHFL said it was "undergoing substantial financial stress" and may not survive as a going concern

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.

IL&FS, DHFL shocks may be temporary triggers, but the bad news for Indian financial markets do not end there
Business

IL&FS, DHFL shocks may be temporary triggers, but the bad news for Indian financial markets do not end there

Its a mistake to assume that ongoing market turmoil is only on account of DHFL, IL&FS issue

DSP Group to buy out BlackRock stake in  JV; another foreign player exits Indian mutual fund space
Business

DSP Group to buy out BlackRock stake in JV; another foreign player exits Indian mutual fund space

DSP Group owns 60 percent stake in the JV while the remaining 40 percent is with BlackRock Inc.