Dewan Housing Finance Ltd, a large housing finance company is undergoing insolvency proceedings. Its resolution is key as DHFL owes not just banks but also retail bondholders and depositors. A painless resolution would ensure retail lenders keep their faith in the system, and banks are able to limit a hit on their books through another bad loan. It would also show that IBC is a law that works for financial companies' resolution too.
132 Episodes
29 Apr 2024
6 MINS