Shayan Ghosh
Stories by Shayan Ghosh
India: Lenders of DHFL may square off loans against deposits
Loans were given by housing financier against fixed deposits and are not very large.
India’s Bandhan Bank to invest $42.8m in Yes Bank
The bank will acquire 30 crore equity shares of ₹2 each at a premium of ₹8 per equity share.
India: Rescue plans for Altico Capital are in, lenders in dilemma
SSG Capital offered ₹2,750 cr upfront for Altico, but plans to sell off its loans and close it down later.
India: Hinduja eyes tie-up with Cerberus Capital to invest in Yes Bank
Hindujas currently own a stake in another private lender, IndusInd Bank.
India: Dewan Housing Finance receives interest from at least 15 bidders
KKR India Financial Services Ltd, Welspun Group and Adani Group are among suitors who have expressed interest.
India: Yes Bank receives non-binding EoIs from at least four investors
The investors include J.C. Flowers, Tilden Park Capital, OHA (UK) LLP and Silver Point Capital.
Bank of Baroda to sell Caribbean subsidiary to ANSA bank
This was the first attempt by any state-owned bank to sell its international units.
India: HDFC to buy remaining stake in education loan subsidiary for $56.4m
HDFC Credila was Incorporated in 2006 and HDFC initially acquired an equity stake in it in December 2009.
Yes Bank’s line-up of potential investors raises more questions
Quality is a big concern for nearly 85% of the proposed commitments, said Macquarie analysts.
India: RBI’s takeover of DHFL took its lenders by surprise
RBI’s Wednesday move came after a meeting with DHFL executives, who had turned up with a revised resolution plan.
