Mortgage News

DHFL pays ₹45 crore as payment on interest and principal amount for NCDs

DHFL to raise up to Rs 10,000 crore via NCDs. for an amount up to Rs 2,000 crore along with a green shoe option of up to Rs 8,000 crore, coupon/ interest offered, schedule of payment of interest/coupon and the principal, details of the security/charge to be created in favour of the NCD.

Crisis-hit Dewan Housing Finance Ltd (DHFL) on Monday said in a regulatory filing that it paid 45 crore as payment on interest and prinipal amount for Non-convertible debentures (ncds) that.

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Dues worth Rs 276.05 cr paid to investors, says DHFL DHFL said that for the first set of NCDs, on which interest dues are worth Rs 80 crore and the principal amount aggregates Rs 120 crore, it has arranged funds and met its obligations.

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DHFL to pay 1 extra on some NCDs. Top Searches:. for repayment or prepayment of interest and principal of existing borrowings.. 0.10% on initial subscription amount to senior citizens. The.

The default by DHFL is towards principal and interest on non-convertible debentures (NCDs) worth Rs 350 crore issued by it, DHFL.. payment of Rs 19.97 crore on gross principal amount of Rs 340.

Besides, DHFL had said on July 13 that it had defaulted on interest payments to the tune of Rs 48 crore on non-convertible debentures (NCDs) that were due on July 6 and 8. In its quarterly earnings for the January-March quarter announced last month, the company reported a net loss of Rs 2,223 crore.

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The default by DHFL is towards principal and interest on non-convertible debentures (NCDs) worth Rs 350 crore issued by it, DHFL.. payment of Rs 19.97 crore on gross principal amount of Rs 340.

These ratings are a measure of the company’s ability to pay the interest as well as principal to its investors, and a high rating means no or very low probability of default.

4,000 crores of outstanding loans, has missed interest payments raising the spectre. The default by DHFL is towards.

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Dewan Housing Finance Corporation (DHFL), the third-largest pure-play mortgage lender, on Tuesday paid Rs 962 crore in interest on non-convertible debentures (NCDs), which fell due on June 4. The lender has also informed stock exchanges that it has cleared all its overdue payments on NCDs, it said in a filing.

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