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Housing Finance
Business  /  Published 16.01.21

DHFL lenders favour Piramal proposal

Piramal Enterprises has won the race to acquire the troubled mortgage lender Dewan Housing Finance Ltd (DHFL) with its offer getting more than 90 per cent of creditors’ support as voting for the...
By Our Special Correspondent in Mumbai

Business  /  Published 09.01.21

Sebi seeks clarity on Oaktree bid

Market regulator Sebi has asked the administrator of DHFL to explain the claim by a suitor about the credit rating of a proposed debt instrument, sources said.  The US-based Oaktree Capital in i...
By PTI in New Delhi

Business  /  Published 30.12.20

RBI flag raised on bad loans

The Reserve Bank of India (RBI) on Monday cautioned the asset quality of the banking system may deteriorate sharply even as the actual amount  of bad loans remains unknown on account of a Supreme...
By Our Special Correspondent in Mumbai

Business  /  Published 29.12.20

DHFL acquisition voting kicks off

The voting process for the acquisition of troubled mortgage lender DHFL commenced on Monday with Oaktree Capital and the Piramal group engaged in a close race. The window will remain open till January...
By Our Special Correspondent in Mumbai

Business  /  Published 25.12.20

Oaktree hikes bid for DHFL by Rs 1,700cr

The race to acquire troubled housing finance firm DHFL is turning out to be a tight one between Oaktree Capital and the Piramal group as the US-based asset management company on Thursday raised its bi...
By Our Special Correspondent in Mumbai

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Business  /  Published 15.12.20

Oaktree makes top DHFL bid

Oaktree Capital on Monday emerged as the highest bidder for troubled finance firm DHFL with a revised offer of Rs 36,600 crore for the entire company that beats the Piramals (Rs 35,500 crore bid) and ...
By Our Special Correspondent in Mumbai

Business  /  Published 02.12.20

DHFL revised bid vote

Creditors to Dewan Housing Finance Corporation Ltd (DHFL) will conclude voting on a proposal to seek fresh bids for the insolvent housing financier on Wednesday. If the proposal gets the support of a...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.20

Kapil Wadhawan at NCLT door

Kapil Wadhawan, the erstwhile promoter of Dewan Housing Finance Ltd (DHFL), has filed a petition in the National Company Law Tribunal (NCLT) seeking access to meetings of DHFL’s committee of cre...
By Our Special Correspondent in Mumbai

Business  /  Published 22.11.20

Former BoI boss joins Indiabulls

The board of mortgage lender Indiabulls Housing Finance on Saturday approved the appointment of Dinabandhu Mohapatra as an independent director of the company with effect from November 23. Mohapatra w...
By Our Special Correspondent in Mumbai

Business  /  Published 18.11.20

DHFL lenders allow new bids

Lenders of troubled non-banking finance company, Dewan Housing Finance Corporation (DHFL), on Tuesday allowed all applicants to submit revised offers. Following this, the Piramal group is understood ...
By Our Special Correspondent in Mumbai


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