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NPAs may fall to 9% by March: RBI report

Mumbai, June 28 -- Indian banks continue to see an improvement in asset quality with bad loans as a percentage of total loans expected to fall to 9% by March 2020, according to the Financial Stability... Read More


Piramal Capital, Edelweiss firms' ratings downgraded

Mumbai, June 27 -- Credit rating agency Icra Ltd on Wednesday cut the long-term debt rating of Piramal Capital and Housing Finance Ltd and Edelweiss group companies by a notch, citing risks from loans... Read More


Piramal Capital, Edelweiss firms' ratings downgraded

Mumbai, June 27 -- Credit rating agency Icra Ltd on Wednesday cut the long-term debt rating of Piramal Capital and Housing Finance Ltd and Edelweiss group companies by a notch, citing risks from loans... Read More


DHFL defaults on bond payments again

Mumbai, June 27 -- Mortgage lender Dewan Housing Finance Ltd (DHFL) said it is yet to repay Rs.225 crore out of the total Rs.375 crore of commercial paper (CP) to a dozen investors. In a regulatory f... Read More


Icra cuts long-term debt rating of Piramal Capital, Edelweiss firms by a notch

Mumbai, June 27 -- Credit rating agency Icra Ltd on Wednesday cut the long-term debt rating of Piramal Capital and Housing Finance Ltd and Edelweiss group companies by a notch, citing risks from loans... Read More


Sarada Kumar Hota appointed NHB MD

Mumbai, June 27 -- Sarada Kumar Hota, managing director and chief executive officer of Can Fin Homes, will take charge as the MD of National Housing Bank, nearly nine months after former MD Sriram Kal... Read More


Piramal Capital, Edelweiss firms' ratings cut

Mumbai, June 26 -- Credit rating agency Icra Ltd on Wednesday cut the long-term debt rating of Piramal Capital and Housing Finance Ltd and Edelweiss group companies by a notch, citing risks from loans... Read More


DHFL defaults on bond payments again

Mumbai, June 26 -- Mortgage lender Dewan Housing Finance Ltd (DHFL) said it is yet to repay Rs225 crore out of the total Rs375 crore of commercial paper (CP) to a dozen investors. In a regulatory fil... Read More


DHFL defaults on bond payments again

Mumbai, June 26 -- Mortgage lender Dewan Housing Finance Ltd (DHFL) said it is yet to repay 225 crore out of the total 375 crore of commercial paper (CP) to a dozen investors. In a regulatory filing... Read More


DHFL delays payment on outstanding bonds for the second time

New Delhi, June 25 -- Mortgage lender Dewan Housing Finance Corp. Ltd (DHFL) said it is yet to repay Rs.225 crore out of the total Rs.375 crore of commercial paper to a dozen investors. In a regulato... Read More