DHFL
DEEPAK SHARMA (IANS) 02 November 2019
Uttar Pradesh government's alleged dealing with controversial Mumbai company, Dewan Housing Finance Corporation Limited (DHFL), has caused a stir in Lucknow

Read More

IANS 30 October 2019
The Corporate Affairs Ministry will soon order the Serious Fraud Investigation Office (SFIO) to probe into the alleged financial irregularities at the troubled housing finance company (DHFL), an official source said on Tuesday

Read More

A forensic audit of DHFL (Dewan Housing Finance Ltd) by KPMG, commissioned by top lenders to the non-banking finance company (NBFC) is understood to have confirmed diversion of Rs20,000 crore to private entities of the promoters through the use of ‘box companies’

Read More

Dewan Housing Finance Ltd (DHFL) on Tuesday paid its interest dues worth Rs 961 crore on non-convertible debentures (NCDs), exactly a week after it delayed its interest payment.

Read More

Moneylife Digital Team 08 June 2019
Over the past one year, the corporate world has been rocked by bankruptcies and huge liquidity crisis.

Read More

Moneylife Digital Team 07 June 2019
Liquidity problems at Dewan Housing Finance Corporation Ltd (DHFL) and its reported failure this week to pay coupons highlight the funding challenges faced by India's non-banking finance sector, Fitch Ratings says

Read More

Moneylife Digital Team 05 June 2019
Ratings agencies CRISIL and ICRA on Wednesday downgraded their ratings on Dewan Housing Finance Corp Ltd (DHFL)’s Rs850 crore commercial paper (CP) mainly due to delay in servicing of the debt by the company.

Read More

Clinton Fernandes 05 June 2019
Debt schemes witnessed a massive shock yesterday as several schemes revealed sharp losses to their net asset values (NAVs). The worst hit was DHFL Pramerica Medium Term, which posted a loss of 52.99%! Yes, more than half of the schemes value disappeared in a single day.

Read More

Moneylife Digital Team 05 June 2019
Dewan Housing Finance Corp Ltd (DHFL) has missed its interest payment deadline of 4 June 2019 on a set of outstanding bonds owing to fund shortage but may pay the over Rs1,000 crore over next seven days, say media reports. The non-banking finance company (NBFC) has delayed payment of interest to mutual funds and other entities.

Read More

Abhinandan 30 May 2019
Given the life-threatening scenario I have described about Dewan Housing and Finance Ltd (DHFL) here and here, DHFL is forced to take steps to remain solvent

Read More

Moneylife Digital Team 28 May 2019
The Ministry of Home Affairs (MHA) has issued a lookout notice against DHFL promoters in an investigation pertaining to shell companies, reports ET Now in a newsbreak.

Read More

Moneylife Digital Team 22 May 2019
In a move that has set off an alarm among investors and regulators, Dewan Housing Finance said it would neither accept new deposits nor allow premature withdrawals after its debt instruments were downgraded.

Read More

Abhinandan 17 May 2019
The questions to ask are: What went wrong with DHFL so dramatically? Are our regulators really up to the task of appreciating and managing the risks posed by players like DHFL and a few others?

Read More

Abhinandan 15 May 2019
Dewan Housing Finance Limited (DHFL) is in focus again due to continuous downgrade by rating agencies

Read More

Moneylife Digital Team 27 February 2019
Ratings agency ICRA Ltd has downgraded the Rs8,000 crore commercial paper (CP) issued by Dewan Housing Finance Corp Ltd (DHFL) to A2+ from A1+ due to challenges faced by the lender in raising funds from traditional bank lines and debt market instruments.

Read More

Anjana Das (IANS) 11 February 2019
The Income-Tax Department has sent notices to crisis-ridden NBFC, Dewan Housing Finance Corporation Ltd (DHFL), seeking its books of accounts and asked it to clarify the

Read More

IANS 04 February 2019
Debt-laden Dewan Housing Finance Ltd's (DHFL) parent company Wadhawan Global Capital (WGC) has agreed to sell its 70 per cent stake in Aadhar Housing Finance (AHFL), while DHFL will also sell its over 9 per cent stock in AHFL as a corporate debt cutting measure

Read More

Moneylife Digital Team 31 January 2019
In a clear case of conflict of interest and example of poor governance, DHFL Pramerica Ultra Short-Term seems to have the highest investment exposure to the controversial Dewan Housing Finance Corporation (DHFL), a non-banking finance company (NBFC) engaged in providing home loans and mortgages

Read More

IANS 31 January 2019
Stocks of Dewan Housing Finance Corp (DHFL) closed 16% lower on Thursday after reports emerged that the Ministry of Corporate Affairs (MCA) may probe allegation of a Rs 31,000-crore scam involving the company

Read More

Moneylife Digital Team 29 January 2019
Dewan Housing Finance Corporation Ltd (DHFL) has siphoned off Rs31,000 crore into promoter companies to create private wealth through a network of shell companies, alleges Cobrapost

Read More

Free Helpline
Legal Credit
Feedback