RBI takes control of DHFL board over governance issuesDHFL has become the first nonbank lender to be sent to the NCLT under the Insolvency and Bankruptcy Code (IBC).
Bankers expect resolution to DHFL issue by December-endThe Inter-Creditor Agreement (ICA) is in place for the resolution of the account and banks are looking at it, the senior banker said. The r...
DHFL says working with creditors to resolve issues without any haircut to lendersDHFL on Saturday reported a loss of Rs 2,223 crore for the March quarter of 2018-19 financial year.
Lack of final loan ratings prevented LIC from buying DHFL papers in JanuaryThe rating company offered a provisional rating the would-be buyer – in this case, LIC – did not accept.
DHFL says making all efforts to meet debt obligationsDHFL has repaid close to Rs 40,000 crore of financial obligations since September 2018.
DHFL shares plumb fresh 52-week lowsThe company is raising about Rs 900 crore by issuing Pass-Through Certificates (PTCs), or securities used in loan portfolio sales.
DHFL mess may trigger second wave of risk aversion in debt fundsSeveral fund houses have large exposures to DHFL, at 2-10 per cent of total debt AUM.
DHFL issue may cast a shadow on the sectorThe brokerage expects banks or debt investors to become more selective.
SBI and DHFL ready with bond issues, plan to raise Rs 6,500 croreInvestors can surrender the DHFL issue after one year while the issuer too can withdraw it after the stipulated period.
DHFL raises nearly Rs 11,000 crore via bondsDHFL stock was trading 0.72 per cent down at Rs 606.20 on BSE in the afternoon.
Reject DHFL's related party transaction proposal, proxy advisory tells shareholdersTo unlock embedded value, DHFL has proposed to transfer its entire shareholding in DHFL Pramerica Life Insurance (DPLI) to its wholly owned...
Is market frowning at LIC-DHFL bond deal?The 10-year debt paper offered an annual coupon return of 8% when other DHFL debt papers of similar or even lower tenors were being traded ...
DHFL's NCD issue fully subscribedDHFL's issue comprises Rs 2,000 crore, with an option to retain oversubscription up to Rs 8,000 crore aggregating up to shelf limit of up t...
DHFL to raise Rs 10,000 crore via NCDs, issue open on August 29The follow-on secured NCD Issue has a new issue structure with also the 7-year tenor with annual frequency of interest payment, he said, ad...
DHFL's NCD issue fully subscribedDHFL's issue comprises Rs 1,000 crore with an option to retain oversubscription up to Rs 3,000 crore aggregating up to shelf limit of Rs up...
DHFL plans to raise Rs 300 crore on private placementThe fund raising plan is pursuant to special resolution passed by shareholders at the annual general meeting held last week, it said.
DHFL to finalise stake dilution in life insurance arm by MarchDHFL acquired 74 per cent stake in DLF Pramerica Life Insurance in 2013. Following this, the company achieved the break-even level.