Piramal seeks RBI nod to settle DHFL’s foreign debtThe Piramal group has sought the Reserve Bank of India’s (RBI) permission to reach a settlement and issue new debentures to the foreign len...
NCLT ruling on DHFL: Creditors weighing optionsSeveral lenders prefer challenging order at appellate tribunal to voting against Wadhawan’s offer
DHFL stock hits upper circuit on filing application with NCLT for submission of resolution planOn Thursday, the company said, it has received no objection from the Reserve Bank and has filed application with NCLT for submission of the...
DHFL resolution: Company receives no objection from RBI, files application with NCLTIn November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NC...
DHFL shares jump as Piramal set to take over crisis-hit lenderThe stock, which gained 76 per cent last year after two years of sharp falls, rose 5 per cent in early trading and hit an upper price limit...
Sebi, Irda examining Oaktree’s offerGlobal alternative asset investor says no regulator in India has reached out to it
Deutsche Bank buys Rs 1,900 crore DHFL bonds in just 3 days“The Sebi ruling is paving way for other matured and defaulted bonds that in turn will help generate liquidity in mutual fund portfolios,” ...
DHFL defaults on NCD repayments of Rs 50 cr; says can't pay due to moratorium restrictionsThe payments to the lenders or NCD holders remain in abeyance and will be subject to the outcome of the CIRP process.
Sebi slaps Rs 20 lakh fine on DHFL for violating market normsSebi alleged that DHFL did not create DRR as required under law.
Lenders may ask RBI to refer DHFL to insolvencyA referral to the NCLT, which will happen after the RBI informs the government and a notification is issued, will help ease DHFL’s troubles...
New IBC rules to cover financial service providersThe corporate affairs ministry has notified the Insolvency and Bankruptcy Rules, 2019. It will provide a generic framework for insolvency a...
HC extends order restraining DHFL from making paymentsCurrently, the bondholders have Rs 41,000 crore exposure to DHFL.
Government mulls new framework to expedite DHFL resolutionBanks have reached an inter-creditor agreement (ICA) to restructure the Rs 1 lakh crore debt of DHFL, but they have not been able to reach ...
DHFL defaults again on commercial papers repaymentOut of the aggregate amount of Rs 375 cr, DHFL failed to make payments worth Rs 225 cr.
Why DHFL payment won’t bring any gains for investors soonOn Tuesday, DHFL paid Rs 962 crore as interest on some of the debentures.
Crucial to show beneficial owner-benamidar tiesThe ruling comes at a time when the tax office is widely using the benami law to find out whether fronts have been used to mask the real ow...
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 ...