Public Sector Banks Helped DHFL Stay Afloat Through Large Loan Purchases
A lifesaver ring sit on a boat. (Source: Bloomberg) 

Public Sector Banks Helped DHFL Stay Afloat Through Large Loan Purchases

India’s public sector lenders have bought out nearly Rs 12,000 crore in loans from stressed non-bank lender Dewan Housing Finance Ltd. since September 2018, said three people familiar with the tran...
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