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DHFL FD Investors and NCD Holders Start Getting Their Repayment Proceeds As Per Their Claims
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DHFL Lenders to Receive Payments From Piramal Capital This Week
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DHFLâs Retail Depositors Prepare For Steep Haircuts: BQ Exclusive
Jan 17 2021, 12:35 PM
January 17 2021, 12:04 PM
January 17 2021, 12:35 PM
Those holding fixed deposits at Dewan Housing Finance Corporation Ltd. will take a steep haircut on their savings as per the resolution plan approved by the home financierâs Committee of Creditors. On Friday, creditors approved a resolution plan by the Piramal Group, which offers DHFLâs creditors a total of Rs 32,750 crore in cash and debentures.The scheme of distribution of funds proposes to pay out Rs 1,241 crore to fixed depositor.
Those holding fixed deposits at Dewan Housing Finance Corporation Ltd. will take a steep haircut on their savings as per the resolution plan approved by the home financierâs Committee of Creditors. On Friday, creditors approved a resolution plan by the Piramal Group, which offers DHFLâs creditors a total of Rs 32,750 crore in cash and debentures.