Dewan Housing Finance Corporation

General

07 April, 2020

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 ......

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Finance

09 March, 2020

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

09 March, 2020

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

22 November, 2019

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

20 November, 2019

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

15 November, 2019

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

14 November, 2019

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

30 August, 2019

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 ......

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Infrastructure

23 July, 2019

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

03 July, 2019

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 ......