DHFL’s total debt stands at about Rs 84,000 cr and MFs own a small portion of it.
Lenders have sought legal opinion over the cases from Cyril Amarchand Mangaldas.
“We aim to move to a mix of 25 per cent corporate and 75 per cent retail early next year,” said R Sridhar, MD of IndoStar Capital.
The firm reported 8% rise in its net profit at Rs 530 crore in the April-June quarter this year.
“Traders are seen going long on the pound sterling,” said Anindya Banerjee.
The telecom industry is in a serious debt situation and most of the debt is towards the government on spectrum that has been acquired so far.
Indiabulls Housing Finance bonds with similar maturities usually yielded 10-20%.
Altico has proposed to repay their dues in full in a staggered manner over the next five years.
Banks have yet to finalise a resolution plan for the mortgage lender.
Crisil marked such negative outlook for long term ratings and various debt securities worth Rs 27,049.98 cr for two cos collectively.
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