Dewan Housing

National Housing Bank Exposure In Dewan Housing Finance At Rs 2,435 Crore: India Ratings

Business | Press Trust of India | Wednesday October 9, 2019

National Housing Bank's gross NPA ratio was flat at 0.01 per cent in FY19 as compared to the previous fiscal.

Dewan Housing Proposes Converting Debt To Equity Under Draft Resolution Plan

Business | Thomson Reuters | Sunday September 29, 2019

The company held a meeting on Friday to present the Draft Resolution Plan to its lenders and to inform them of the steps required to implement it, the firm said in a release on Saturday.

Shadow Lender DHFL's Resolution Plan Hits Roadblock

Business | Thomson Reuters | Tuesday September 17, 2019

The process has been further complicated as certain bondholders have also initiated a process to take DHFL to bankruptcy court, the custodian said.

DHFL Board Approves Plan To Convert Debt Into Equity

Business | Thomson Reuters | Friday August 30, 2019

DHFL's struggles also come as the domestic banking sector still grapples with nearly $150 billion of stressed assets.

Dewan Housing Finance Reports Fresh Default On Payment Obligations Of Rs 1,571 Crore

Business | Asian News International | Tuesday August 20, 2019

DHFL is the fourth-largest Indian housing finance company based on loans outstanding as of March.

May Not Be Able To Fulfill Immediate Debt Payments: Dewan Housing Finance

Business | Thomson Reuters | Thursday August 8, 2019

DHFL, the fourth-biggest housing finance company in India, has roughly Rs 1 lakh crore (14.15 billion) of debt.

DHFL Shares Fall After Surging Over 30% In Tuesday's Session

Business | Edited By Abhishek Vasudev | Wednesday August 7, 2019

DHFL share price: Shares of Dewan Housing Finance Corporation Limited (DHFL) fell a day after surging over 32 per cent in Tuesday's session.

DHFL Assures Lenders Of No Haircuts Under Resolution Plan

Business | Thomson Reuters | Tuesday August 6, 2019

As part of the resolution plan, DHFL will also put a moratorium on repayments and seek funding from banks to start retail lending.

Dewan Housing Finance Discloses Auditors' Concerns Around Its Quarterly Earnings

Business | Thomson Reuters | Tuesday July 23, 2019

DHFL has been hard hit by a liquidity crunch that has crippled several of the country's non-banking finance companies (NBFCs) following last year's collapse of infrastructure lender IL&FS.

Sensex Rises Over 200 Points From Day's Low Amid Volatile Trade: 10 Things To Know

Business | NDTV Profit Team | Tuesday July 23, 2019

Domestic stock markets moved in a range amid volatile trade on Tuesday. The S&P BSE Sensex index was stuck in a range of 231.11 points, with 38,148.63 and 37,917.52 as the strongest and weakest levels respectively in the first hour of trade. The NSE Nifty benchmark, which opened higher at 11,372.25 against its previous close of 11,346.20, climbed 5...

RBI Closely Monitoring 50 Shadow Banks For Signs Of Contagion

Business | Siddhartha Singh, Anirban Nag and Unni Krishnan, Bloomberg | Monday July 22, 2019

In its latest Financial Stability Report, the Reserve Bank of India warned that any failure among the largest of the non-bank finance companies or housing finance firms could cause losses comparable to a major bank collapse.

Rating Agencies Knew Of Stress At IL&FS, But Gave Good Ratings: Audit

Business | Thomson Reuters | Saturday July 20, 2019

Dewan Housing Finance, another top firm in the sector, last week warned its financial situation was dire, raising more worries about the sector's health and signalling the crisis was far from over.

DHFL Shares Bounce Back From 11-Year Low

Business | NDTV Profit Team | Tuesday July 16, 2019

Dewan Housing Finance (DHFL) news:Dewan Housing Finance shares climbed to as much as Rs. 51.40 apiece on Tuesday, marking a gain of 5.98% over the previous close. DHFL shares have plunged sharply over the past few months amid concerns about the financial health of the non-banking financial companies (NBFC) sector. DHFL shares have fallen 80.55 per ...

May Not Survive As A Going Concern: Dewan Housing Finance

Business | Thomson Reuters | Sunday July 14, 2019

DHFL separately announced it had defaulted on interest payments worth Rs 28.58 crore on non-convertible debentures, due on July 6 and July 8

RBI To Regulate Housing Finance Firms, Review Assets: Report

Business | Thomson Reuters | Wednesday July 3, 2019

That could have major repercussions for about 80 HFCs, the largest of which include Indiabulls Housing Finance, Housing Development Finance Corporation (HDFC) and Dewan Housing Finance Corporation, leading to them facing unprecedented scrutiny and the potential for major financial penalties and restriction on their activities if improper practices ...