News From Press DSP Mutual Fund initiates legal action against DHFL for recovery of dues

DSP Mutual Fund initiates legal action against DHFL for recovery of dues

The fund house has said that it has not done anything to disturb the Inter-Creditor Agreement process.

Economic Times Aug 3, 2019

DSP Mutual Fund has initiated legal action against Dewan Housing Finance Corporation for recovery of dues. However, the fund house has said that it has not done anything to disturb the Inter-Creditor Agreement process. According to the fund house, DSP Mutual Fund had an exposure of Rs 150 crore to commercial papers issued by DHFLNSE -4.11 % with scheduled maturity on June 25, 2019.

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