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Dewan
Housing to get Rs 60-crore IFC loan
International Finance Corporation is planning to invest
Rs 60 crore in Dewan Housing Finance Corporation to fund
the latter’s expansion plan.
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DRAT
hearing on Maharashtra’s appeal against DRT order
today
The Maharashtra government on Wednesday filed its appeal
before the Debt Recovery Appelate Tribunal against the
order passed by the Debt Recovery Tribunal’s recovery
officer on the attachment of the Cooperation and Textile
secretaries’ offices and sealing their RBI accounts
for the recovery of principal and penal interest of Rs
50.70 crore defaulted by the Sindkheda Sugar Cooperative.
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DHFL
plans to go for Rs 50-core tier-II capital infusion
The Mumbai-based Dewan Housing Finance Corporation Ltd,
which acquired a 85.95-per cent equity share of Vysya
Bank Housing Finance Ltd for a consideration of Rs 23.19
crore, plans to go for Rs 50 crore to Rs 70 crore tier-II
capital infusion.
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Pvt
Life insurers invested Rs 1,481 crore during 2001-02
Private life companies put in Rs 1,481 crore into various
investment avenues during 2001-02. These include Rs 674
crore in Central government securities and Rs 777 crore
in state government and other guaranteed securities.
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