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First Financial Services Ltd

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RBI bans DHFL from taking deposits under Piramal's management

The Reserve Bank has revoked the deposit-taking status of  Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a......

DHFL case: Auditor flags fake deals worth Rs 12,705 cr

This pertains to certain irregularities in loan disbursements towards the development of two Slum Rehabilitation Authority projects undertaken by the company in the past. Fraudulent transactions......

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore. Illustration: Uttam Ghosh/Rediff.com Creditors to Dewan Housing Finance......

In a first, RBI sends DHFL to NCLT for debt resolution

Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter. Illustration: Dominic Xavier/Rediff.com The Reserve Bank on Friday sent the troubled......

Why these 200 Paytm staff are smiling all the way to the bank

Paytm's secondary share sale gave an opportunity to its employees - both former and current - to liquidate their vested Esops and earn around Rs 500 crore in total. It is not just Paytm boss Vijay......

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