Lenders to India's Dewan Housing FinanceNSE 0.40 % Ltd (DHFLNSE 11.17 %) are prepared to accept limited haircuts as part of a debt restructuring plan being worked out for the troubled firm, said sources involved in talks.
The country's fourth largest housing finance company, which warned on Saturday that its financial situation was grim and business had ground to a halt, met with lenders and other debtholders last week to discuss the contours of the rescue package.