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As of on the National Stock Exchange of India ∙ Minimum 15 minute delay
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India's DHFL Dec Qtr Profit Rises
DHFL Says Draft Resolution Plan Prepared By Erstwhile Management Is No Longer Valid
DHFL Says Administrator To Consider Un-Audited Financial Results For Sept Qtr On Jan 22
Dewan Housing Finance Corporation Limited is a deposit-taking housing finance company. The Company focuses on providing financing products to the lower and middle-income segments in India, primarily in Tier II and Tier III cities, and towns. It offers Housing Loan and Non-Housing Loans. It offers loans for construction or purchase of residential property and loans against property. The Company has presence in approximately 349 locations, including approximately 182 branches, over 146 service centers, approximately 18 circles/cluster offices, over two disbursement hubs and a collection center in India. It offers a range of home loan products, such as home loan, home extension loan, home improvement loan, plot loan, mortgage loan, small and medium enterprises (SME) loan, project loan and nonresidential property loan. Its deposit products include Aashray Deposit Plus-Individuals, Aashray Deposit Plus-Trusts & Institutions, Swayamsidha Deposit for Women and Wealth2Health Fixed Deposit.
HDIL Tower, 6th Floor
Anant Kanekar Rd,Station Rd, Bandra (E)
Executive Chairman of the Board, Managing Director
Vaijinath M. Gavarshetty
Chief Executive Officer
Sunil Kumar Bansal
Chief Financial Officer
Executive President - Retail Business
Satya Narayan Baheti
Compliance Officer, Company Secretary
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The Reserve Bank of India has filed an application to begin bankruptcy proceedings against shadow lender Dewan Housing Finance Corporation Ltd (DHFL), it said https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR129569FD843CA8464B9B8FFA537B589C36A3.PDF on Friday.
India's bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency experts say the system is about to face a huge test.
* Shadow banks ailing but play key role in India's economy (Updates throughout with comments, quotes, context)
The Reserve Bank of India on Wednesday said it will initiate bankruptcy proceedings against shadow lender Dewan Housing Finance Ltd (DHFL).
India's government has no plans to participate in the rescue of Dewan Housing Finance Corporation Ltd (DHFL), according to two sources involved in talks on how to restructure the shadow bank's near 1-trillion-rupee ($14 billion) debt.
The resolution plans of debt-laden shadow lender Dewan Housing Finance Corporation Ltd (DHFL) have hit a roadblock after the custodian of DHFL bonds said on Thursday it is taking the firm to bankruptcy court on behalf of certain debenture holders.
India's Dewan Housing Finance Corp Ltd (DHFL) filed long-delayed audited results for the quarter ended June 30 on Thursday showing the company under financial stress as fresh loan disbursements stopped.
A plan to rescue India's debt-laden Dewan Housing Finance Corporation Ltd (DHFL) has hit a major roadblock as only a small segment of bondholders has agreed to be on board the proposed resolution, according to a custodian of DHFL bonds.
India's debt-laden shadow bank Dewan Housing Finance Corp Ltd said on Friday its board had approved the conversion of the whole or part of its debt into equity or other securities, which may result in a change in ownership. (Reporting by Chandini Monnappa in Bengaluru)
Dewan Housing Finance Corp Ltd (DHFL), one of India's so-called shadow banks, on Thursday said it might not be able to fulfil its debt obligations due in the near future while banks review its restructuring plan.
India's debt-laden shadow bank Dewan Housing Finance Corp Ltd (DHFL) on Thursday said it may not be able to fulfill its debt obligations due in the near future.
India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take any haircuts on principal payments under its resolution plan, sending shares up as much as 10%.
India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said one of its auditors Deloitte, Haskins & Sells LLP had resigned.
Bondholders of troubled shadow lender Dewan Housing Finance Ltd (DHFL) have been given a three-week deadline to decide if they are on board with a rescue plan being evaluated by banks, according to a letter sent by a custodian of DHFL bonds, seen by Reuters.
The resolution plan of one of India's biggest shadow banking firms, Dewan Housing Finance Ltd (DHFL), may be delayed as its creditor DSP Mutual Fund has initiated legal proceedings against it, two banking sources told Reuters.
India's debt-laden shadow bank Dewan Housing Finance Ltd (DHFL) <DWNH.NS> has submitted a restructuring plan to its core committee of creditors (CoC), two sources involved in the matter said, adding that lead lenders were deliberating over the plan.
India's Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late on Monday, and revealed that its auditors had raised several red flags around its numbers, raising fresh concerns about the future of the troubled lender.
Lenders to India's Dewan Housing Finance Ltd (DHFL) are ready to accept limited haircuts in a restructuring plan being worked out for the troubled firm, sources said.
Lenders to India's Dewan Housing Finance Ltd (DHFL) are prepared to accept limited haircuts as part of a debt restructuring plan being worked out for the troubled firm, said sources involved in talks.
Crisis-hit Indian property finance firm Dewan Housing Finance Corp Ltd (DHFL) <DWNH.NS> said https://www.bseindia.com/xml-data/corpfiling/AttachLive/aa501b83-4648-4228-9d27-8f6e0fab934e.pdf on Monday it was working closely with its creditors and stakeholders on a resolution...
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