DHFL Current Affairs, GK & News

Piramal group to takeover the DHFL

February 18, 2021

The Reserve Bank of India has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group on February 18, 2021. Highlights The decision was taken by RBI after a month a Committee of Creditors of DHFL voted in favor of Piramal’s bid. The bid got the 94 per cent votes. Following this, the resolution plan of the company ..

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DHFL becomes 1st financial services firm to be taken to NCLT

November 30, 2019

The Reserve Bank of India (RBI) has referred Dewan Housing Finance Corp. Ltd (DHFL) to the National Company Law Tribunal (NCLT) for insolvency proceedings, making it the first financial services player to go NCLT for a possible debt resolution. DHFL has a debt of Rrs.83,873 crore. As per the statutory inspection of DHFL conducted by ..

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RBI proposes Guidelines for Large NBFC

May 25, 2019

The Reserve Bank of India (RBI) released a draft circular titled ‘Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs). RBI after analysing recent developments in NBFC sector proposed a set of guidelines for large Non-Banking Financial Companies (NBFCs) to help them deal with severe liquidity problems and to prevent re-occurrence of IL&FS ..

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