Among the financial creditors, the country's largest lender, State Bank of India, including SBI Singapore, submitted the highest claim of Rs 10,082.90 crore

Stocks in the news: Dr Reddy's Laboratories, RIL, Airtel, Vodafone, UCO Bank, Balmer Lawrie, DHFL India, Andhra Bank among others are the top stocks to watch out for Tuesday's trading session

The state-run LIC has exposure to companies such as Dewan Housing Finance Corp Ltd (DHFL), Infrastructure Leasing and Financial Services (IL&FS) and Anil Ambani's Reliance Group

Third-largest pure play mortgage player is the first non-banking financial company or housing finance company to face the corporate insolvency resolution process

The poor response from PSBs is partly because of higher existing exposure to NBFCs via lending, issues with NBFCs portfolio quality because of job losses, and stagnant income levels

DHFL that had outstanding deposits of Rs 6,136 crore in June has seen its deposits reducing to Rs 5,232 crore as of September 2019

Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities

DHFL is one of the biggest defaulters in the country that owes over Rs 1 lakh crore (over $14 billion) to its debtors

As per NHB guidelines, DHFL has invested close to Rs 700 crore in SLR securities, which are mainly bonds of state electricity distribution companies

The non-bank financing giant Dewan Housing Finance Corp Ltd (DHFL) will go into insolvency proceedings, the central bank said on Wednesday, making it the first financial institution to test the new laws

DHFL is the first Housing Finance Company (HFC) or non-banking finance company (NBFC) to be sent to the bankruptcy court

Even private banks' loan growth dropped to 14 per cent from 22 per cent a year ago. PSU loan growth fell down to 5 per cent YoY from 8 per cent in Q1 despite the large recap,\" Credit Suisse said in its report

The State Bank of India (SBI) joins the list of marquee names such as behemoth Life Insurance Corporation (LIC) and the Canadian pension fund CDPQ to lend money to Piramal's $2 billion Group

Persisting liquidity issues in the NBFC space as well as the financial woes of some groups in this sector have raised concerns about the health of the overall financial system

A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June

A forensic audit of the company by KPMG found that DHFL had lent Rs 14,000 crore to about 25 group companies, which had posted an average profit of about Rs 1 lakh