Dewan Housing Finance Corporation
General
Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks
US-based private equity giants TPG Capital and KKR & Co. Inc. are running ahead in the race to acquire a ......
Finance
Avanse Financial CEO on growth plan under new majority owner Warburg Pincus
In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......
Finance
Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges
An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......
Finance
Bankruptcy law set to face huge test in Dewan Housing case
India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......
Finance
RBI to begin bankruptcy proceedings against Dewan Housing Finance
India’s central bank said on Wednesday it would initiate bankruptcy proceedings against Dewan Housing Finance Ltd (DHFL), as it seeks ......
Finance
Govt tweaks bankruptcy rules to help non-bank lenders
India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking finance ......
Finance
Dewan Housing lenders get temporary relief on $5.6 bn loans
An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting ......
Finance
Dewan Housing board approves conversion of debt to equity
India's crisis-hit shadow bank Dewan Housing Finance Corp (DHFL) said on Friday its board had approved a plan that included ......
Infrastructure
How NHB's move to stop subvention schemes may affect developers, lenders and buyers
The already troubled real estate sector could be in for more pain after the National Housing Bank (NHB) tightened the ......
Finance
RBI may soon get power to regulate housing finance companies
The Indian government will soon give the nation's central bank power to regulate housing finance companies (HFCs), which will almost ......