Discover and read the best of Twitter Threads about #dhflscam
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In a statement,Piramal group said “We understand that the RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the CoC.
As per Piramal’s plan, the existing shareholders of DHFL will get zero value. #DHFLResolution #DHFLScam
As per Piramal’s plan, the existing shareholders of DHFL will get zero value. #DHFLResolution #DHFLScam
DHFL's lenders are to get Rs37,250 crore over the next five years. State Bank of India (SBI) is the biggest lender having lent Rs10,000 crore. Other lenders include Bank of Baroda, Bank of India,Canara Bank, Union Bank of India, Syndicate Bank and National Housing Bank. #DHFLScam
The bankrupt housing finance company has been in bankruptcy court since December 2019 after the company defaulted on debt worth Rs90,000 Crore. Who looted rest of 52750 crores?? While banks will receive these 37250 Crore in 5 years, not instant #DHFLScam moneylife.in/article/dhfl-t…
What is #DHFLScam ? Read -
Dewan Housing Finance Corporation (DHFL) is a deposit taking housing finance company, headquartered in Mumbai.DHFL was established to enable access to economical housing finance to the lower and middle income groups in semiurban and rural parts of India
Dewan Housing Finance Corporation (DHFL) is a deposit taking housing finance company, headquartered in Mumbai.DHFL was established to enable access to economical housing finance to the lower and middle income groups in semiurban and rural parts of India
DHFL is among the 50 biggest financial companies in India.DHFL was established and incorporated by Rajesh Kumar Wadhawan on 11 April 1984. In 2010, DHFL
acquired Deutsche Postbank Home Finance unit for ₹1079 crores.On 18 December 2013, DHFL acquired 74% stake.... #DHFLScam
acquired Deutsche Postbank Home Finance unit for ₹1079 crores.On 18 December 2013, DHFL acquired 74% stake.... #DHFLScam
In DHFL Pramerica Life Insurance Company Ltd.On 29 January 2019, Cobrapost, an Indian investigative journalist group, published an exposé of DHFL for using various shell corporations to siphon more than ₹ 31,000 crores of public money for the personal gains of the.... #DHFLScam
*Game over for #DHFL* @finshots
After many twists and turns, it seems as if the DHFL saga is finally coming to a close. But before we get to the story here’s a quick recap
Back in September 2018, DSP, a mutual fund house offloaded DHFL’s bonds at a discount.
After many twists and turns, it seems as if the DHFL saga is finally coming to a close. But before we get to the story here’s a quick recap
Back in September 2018, DSP, a mutual fund house offloaded DHFL’s bonds at a discount.
I know you’re not following this. So here’s a nice translation- DSP had loaned out considerable sums of money to DHFL. And then one day there was an epiphany it seems. They no longer wanted to wait for DHFL to pay them back.
So they begged someone else to take the burden off of them by offering a huge discount. They said this was routine. But come on. Who are we kidding right?
When news of the sale spread, DHFL stock crashed 60%🔻.
When news of the sale spread, DHFL stock crashed 60%🔻.
Very interesting read and covers many angles.
#dhflscam #DHFLघोटाला #DHFL
#HDIL #PMC_BANK #scam
#NBFC #HousingCrisis
#realestateinvestor
#realestateinvestor
economictimes.indiatimes.com/news/company/c…
#dhflscam #DHFLघोटाला #DHFL
#HDIL #PMC_BANK #scam
#NBFC #HousingCrisis
#realestateinvestor
#realestateinvestor
economictimes.indiatimes.com/news/company/c…
