In a statement,Piramal group said “We understand that the RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the CoC.
As per Piramal’s plan, the existing shareholders of DHFL will get zero value. #DHFLResolution #DHFLScam
As per Piramal’s plan, the existing shareholders of DHFL will get zero value. #DHFLResolution #DHFLScam
https://twitter.com/poorav100/status/1375082548011827208
DHFL's lenders are to get Rs37,250 crore over the next five years. State Bank of India (SBI) is the biggest lender having lent Rs10,000 crore. Other lenders include Bank of Baroda, Bank of India,Canara Bank, Union Bank of India, Syndicate Bank and National Housing Bank. #DHFLScam
The bankrupt housing finance company has been in bankruptcy court since December 2019 after the company defaulted on debt worth Rs90,000 Crore. Who looted rest of 52750 crores?? While banks will receive these 37250 Crore in 5 years, not instant #DHFLScam moneylife.in/article/dhfl-t…
Meanwhile what credit rating agencies or regulatory agencies done, is the biggest question mark in all this Failure
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