About Realty Plus

Bombay HC allows DHFL to repay lenders
Nov 2019 , by in News/Views

The Bombay High Court on Wednesday allowed a plea by a group of banks, including the State Bank of India, seeking to modify its earlier order restraining payments by mortgage financier DHFL to them. The high court said payments to banks and NBFCs, pursuant to any securitisation or similar agreement,... Read more...

GIC Re posts Rs 486 crore loss on DHFL, IL&FS
Nov 2019 , by in ALLIED

General Insurance Corporation (GIC Re), the country’s national reinsurer, reported a loss of Rs 486 crore citing high provisions for investment in DHFL & IL&FS. The reinsurer also saw a 50% jump in underwriting losses due to flood claims and losses in crop insurance. The corporation had... Read more...

Loading...