Workers prepare reinforcing steel in a construction site. (Photographer: Ruhani Kaur/Bloomberg)
Dewan Housing Finance Corporation Ltd. -- down over 83 percent over the last 12 months -- has emerged as one of the worst hit by the liquidity crisis that engulfed the non-bank lenders after Infrastructure Leasing and Financial Services defaulted on its debt obligations last year.
Here's everything you need to know about the crisis surrounding the non-banking lender:
- Over Rs 1 Lakh Crore In DHFL Debt Downgraded To ‘Default'
- CRISIL, ICRA Downgrade DHFL's Commercial Paper To Default
- Mutual Fund NAVs Hit As DHFL Delays Interest Payment On Bonds
- Bond Investors, Bankers Keep Wary Eye On DHFL After Rating Downgrade To ‘Default'
- DHFL Delays Full Payment On Bonds Due On June 4
- DHFL Stops Fresh Deposits, Puts Premature Withdrawals On Hold Temporarily
- DHFL's Next Big Priority: Selling Down Developer Loans
- DHFL, Wadhawans And Ownership Webs
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