Cheatsheet: DHFL crisis

Just when you thought things couldn’t get any worse for NBFCs, they did. Unless you are living under a rock, then you’d have heard about the crisis gripping DHFL. Here’s what went down so far!

Crazy yields on DHFL bonds (NCDs)

Ola folks, here’s the first post on Nakedbeta. Well, you’ll be pretty much aware of the Cobrapost allegations against DHFL Finance. The stock was down 5.48% today. But what transpired in the bond markets was much crazier. The yields on…