DHFL Current Affairs, GK & News
Piramal group to takeover the DHFL
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 ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs - 2022 • India Nation & States Current Affairs
Topics: Dewan Housing Finance Corporation Ltd (DHFL) • DHFL • National Company Law Tribunal • Piramal Group • Reserve Bank of India Act 1934
DHFL becomes 1st financial services firm to be taken to NCLT
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 ..
Month: Current Affairs - November, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: Dewan Housing Finance Corp. Ltd • DHFL • Insolvency and Bankruptcy Code • National Company Law Tribunal • NCLT • RBI
RBI proposes Guidelines for Large NBFC
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 ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: Asset-Liability Management Committee (ALCO) • Commercial Papers (CPs) • Contingency Funding Plan (CFP) • Core Investment Companies (CICs) • DHFL • High Quality Liquid Assets (HQLA) • IL&FS crisis • Indiabulls Finance • Liquidity Coverage Ratio (LCR) • Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs) • Reserve Bank of India (RBI) • Shadow Banks