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Thursday, August 14, 2025
TopicDewan Housing Finance Corp

Topic: Dewan Housing Finance Corp

Indian banks will take a Rs 38,000 crore hit if Dewan Housing is declared a fraud

RBI requires banks to provision fully for their entire exposure over four quarters if they decide a loan account involves fraud.

Dewan case is a big test for India’s bankruptcy law and NBFC crisis

Bankruptcy law is set up for non-financial firms. Using it to put a financier like Dewan out of its misery has some advantages but many shortcomings.

Plan to rescue Dewan Housing seems entirely fictional, like a Bollywood fantasy

The only reason Dewan Housing rescue is even being attempted is to delay — as long as possible — the collapse of a large NBFC.

Mutual funds try to get in on $894 million in Dewan repayments

The mortgage lender is among the worst hit in India’s $42 billion shadow banking industry, which started to see cracks emerge just over a year ago.

Crisis-hit NBFC Dewan Housing posts first loss as business grinds to a halt

DHFL has posted its first quarterly loss in more than a decade and missed interest payments even as it tries to sell assets to raise funds.

Troubled lender Dewan seeks $217 million in fresh loans a month

Dewan Housing has about Rs 800 billion of obligations and will submit the resolution plan on 10 July to a consortium of lenders led by state-run UBI.

India waits for Blackstone money as shadow lender struggles with Rs 1.25 billion debt

Home financier Dewan Housing Finance Corp ability to pay off its debt will determine how wary investors will be of India's credit markets.

The clock is ticking on the patience of Indian equity funds investors

Of 416 open-ended, onshore equity funds, 401 have lost money. Imagine the peril if investors give up on funds sitting on hard-to-liquidate portfolios.

India stocks are more volatile than marijuana-related shares in US

The sudden plunges in the Indian stocks show traders are getting nervous as adverse news flow hits an expensive market.

Investors are spooked as Indian stock markets swing their wildest in more than 4 years

Yes Bank's shares sank to the lowest level since 2016 while Dewan Housing Finance Corp's dropped by 43 per cent.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.