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Ex-Central Banker casts doubts on adequacy of proposed DDO strategy - Business

Ex-Central Banker casts doubts on adequacy of proposed DDO strategy - Business
dailymirror.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymirror.lk Daily Mail and Mail on Sunday newspapers.

Sri Lanka , Central Bank Rs , Central Bank , International Monetary Fund , Fund Facility For Sri Lanka , Central Bank Deputy Governor Dr , Committee On Public Finance , Ex Central Banker , Central Banker , Domestic Debt Optimisation , Central Bank Deputy Governor , Extended Fund Facility , Public Finance ,

Ex-Central Banker casts doubts on adequacy of proposed DDO strategy - Breaking News

Ex-Central Banker casts doubts on adequacy of proposed DDO strategy - Breaking News
dailymirror.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymirror.lk Daily Mail and Mail on Sunday newspapers.

Sri Lanka , Committee On Public Finance , International Monetary Fund , Central Bank Deputy Governor Dr , Central Bank , Fund Facility For Sri Lanka , Central Bank Rs , Ex Central Banker , Central Banker , Domestic Debt Optimisation , Central Bank Deputy Governor , Extended Fund Facility , Public Finance ,

RBI clears Piramal Group's takeover plan for DHFL


Finance > Banks & institutions > Companies (banking) > RBI
RBI clears Piramal Group s takeover plan for DHFL
19 February 2021
Reserve Bank of India (RBI) is reported to have cleared Piramal Capital and Housing Finance Limited’s (PCHFL) proposal to acquire bankrupt Dewan Housing Finance Limited (DHFL), as proposed by the committee of creditors (CoC).
RBI gave its go-ahead for the deal earlier this week, clearing Piramal Capital and Housing Finance under the “fit and proper” criteria required for the acquisition. However, RBI turned down a request by PCHFL, a non-deposit taking NBFC, to get converted into a deposit-taking NBFC.
RBI’s nod brings Piramal Group one step closer to the acquisition of DHFL, pending the final clearance from the National Company Law Tribunal (NCLT). ....

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