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How Lenders Want To Resolve DHFL Stress
The lenders are mulling taking over DHFL’s operations, according to two people in the know.
10 Jul 2019, 01:17 PM IST
Lenders to Dewan Housing Finance Corporation Ltd., who are finalising a resolution plan to save the beleaguered housing financier, are mulling to take over its operations, two people in the know said.While the resolution plan is still in preliminary stages, lenders led by State Bank of India could end up becoming majority owners of DHFL and appoint their representatives to run the company, the people said on condition of anonymity as...
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