NBFCs
Finance
Dewan Housing says may not be able to fulfill immediate debt payments
India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd (DHFL) on Thursday said it may not be able to fulfill ......
Finance
Why RBI moves are unlikely to ease pain for struggling NBFCs
The Reserve Bank of India, which also cut its benchmark policy rate by 35 basis points on Wednesday, said it ......
Finance
Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor
India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take ......
Finance
RBI eases external commercial borrowing norms for companies, NBFCs
The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......
Finance
SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more
State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......
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
Dewan Housing auditors raise red flags around quarterly results
India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late on ......
Finance
Government seeks to tap foreign lenders for loans to small firms
India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......
Finance
Dewan Housing lenders may accept limited haircuts to finalise rescue package
Lenders to India’s Dewan Housing Finance Ltd (DHFL) are prepared to accept limited haircuts as part of a debt restructuring ......
General
Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup
The National Investment and Infrastructure Fund (NIIF) is considering deploying $100 million (about Rs 685.4 crore at current exchange rate) ......