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Looming liquidity stress: MCA flags potential risks in HFCs

Tuesday, November 6, 2018, 6:19 PM

The Ministry of Corporate Affairs is learnt to have submitted a report to the finance ministry, flagging its concerns over potential liquidity risks to some housing finance companies (HFCs), including Dewan Housing Finance (DHFL) and Indiabulls Housing. Amid fresh rumours that DHFL could default on payment pledge, the government has stepped up its monitoring of the NBFC segment.