News From Press DHFL crisis: Lenders hope MFs also join resolution plan soon

DHFL crisis: Lenders hope MFs also join resolution plan soon

Source: The Economic Times Oct 17, 2019

Lenders to the crippled mortgage lender Dewan HousingNSE 2.09 % Finance (DHFL) are hopeful of passing a resolution plan successfully at the earliest even as mutual funds are not yet on the same page with the bankers' plan.

The beleaguered home financier owes Rs 83,873 crore as of July 6, 2019 to banks, the National Housing Board, mutual funds and bondholders, including retail bondholders.

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