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Piramal group gets RBI nod for DHFL acquisition


Piramal group gets RBI nod for DHFL acquisition
Updated:
Updated:
February 18, 2021 16:09 IST
The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021
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The CoC had approved a resolution plan submitted by a Piramal Group company, Piramal Capital and Housing Finance Limited, last month. Photo: www.piramal.com
 
The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021
Piramal Group on February 18 said the Reserve Bank of India (RBI) is understood to have cleared the resolution plan for debt-ridden DHFL as approved by the Committee of Creditors (CoC). ....

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DHFL posts consolidated net loss of Rs 13,095 cr in Q3 FY21


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DHFL posts consolidated net loss of Rs 13,095cr in Q3FY21
Dewan Housing Finance Corporation (DHFL) on Saturday posted a consolidated net loss of Rs 13,095.38 crore in the third quarter ended December 2020 against a net profit of Rs 934.31 crore in the year ago quarter. Sequentially, the company witnessed widening of net loss from Rs 2,122.65 crore in the second quarter ended September 2020.
Crisis-ridden DHFL, which is under the process of Corporate Insolvency Resolution Process (CRIP), under the provisions of Insolvency and Bankruptcy Code, 2016 said during this quarter, additional transaction amounting to Rs 1,039.84 crore is identified and reported by the company to stock exchanges and National Housing Bank (NHB). ....

Uttar Pradesh , Serious Fraud Investigation Office , National Housing Bank , Ministry Of Corporate Affairs , Dewan Housing Finance Corporation , Net Owned Fund , Provident Fund , Central Bureau Of Investigation , Kk Mankeshwar Co , Image Source , Housing Finance Corporation , Corporate Insolvency Resolution Process , Bankruptcy Code , Corporate Affairs , Enforcement Directorate , Central Bureau , Uttar Pradesh State Government , Fixed Deposits , Dhfl Q3 Results , Dhfl Consolidated Net Loss Of Rs 13 , உத்தர் பிரதேஷ் , தீவிரமானது மோசடி விசாரணை அலுவலகம் , தேசிய வீட்டுவசதி வங்கி , அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , திவான் வீட்டுவசதி நிதி நிறுவனம் , நிகர ஓஂட் நிதி ,