Banks now wary of lending to office realty developers
Lenders have become selective in choosing projects. They have added extra layers of security by seeking additional documents and collateral as well as reviewing existing limit both on fund and nonfund based lines of credit.
Mirchi Case: Wadhawans quizzed by ED
The Enforcement Directorate questions Wadhawan brothers about loans amounting Rs 2,186-crore, extended t...
DHFL exposure: RBI rejects banks’ ‘Trust’ proposal
RBI declines the proposal by banks to grant relief from provisioning for the troubled mort...
DHFL crisis: Lenders hope MFs also join resolution plan soon
The company has been facing liquidity issues since last September and yet has paid back Rs 41,000 crore of its financial obligations through a combination of securitization of assets and repayment collections since.
Iqbal Mirchi PMLA case: ED conducts raids on DHFL premises in Mumbai
The Enforcement Directorate on Saturday conducted searches at about a dozen premises of DHFL and other linked firms in connection with its m...
ED searches DHFL offices over exposure to firm having links with gangster Mirchi
In a report by The Economic Times, the troubled mortgage lender's links with Sunblink Real Estate have come to the fore. The ED has not named DHFL but documents reviewed by this paper showed Sunblink exposure adds up to Rs 2,186 crore.
Exposure to Sunblink an outcome of market consolidation: DHFL
The ED believes that funds were allegedly routed overseas by Sunblink
Stocks in the news: RIL, DHFL, Cipla, Bajaj Consumer, ZEEL and Indiabulls Housing
The USFDA has red-flagged Torrent Pharmaceuticals for significant violations of CGMP.
Policymakers must undo trade barriers to revive global growth: IMF
The International Monetary Fund (IMF) has urged that policymakers must put in place with durable agreements, rein in geopolitical tensions to boost confidence and reinvigorate investment.
DHFL reports Q1 net loss of Rs 242 crore
DHFL said the company is undergoing substantial financial stress since the second half of the previous financial year.
The unsafe vaults: With the financial system hit by defaults, is it time to resurrect an old law?
The govt dropped a law aimed at dealing with the blow-up of financial services cos due to a misplaced campaign that depositors’ money would be used to bail out failed banks, but now is it time to bring it back to fire up the economic engine.
DHFL cracks over 4% on links with firm under ED lens
Investigations by the ED have revealed that a NBFC had started giving loans to Sunblink.
Sensex gains 50 points, Nifty flat; DHFL tanks 5%
Sensex flat, Nifty slips below 11,450; Bajaj Consumer rallies 12%, DHFL drops 5%Sensex gains 50 points, Nifty flat; DHFL tanks 5%
SBI seeks FinMin's intervention for DHFL resolution
Lack of coordination is causing hurdles, SBI feels. The bank is worried about systemic risk if efforts to finalise the resolution plan do not go through. While NBFCs have taken a hit on their advances, banks have yet to mark such credit as NPAs.
Board Meetings Today: PVR, TVS Motor, DHFL, ZEEL and Mastek
It makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service