What happened to DHFL (Dewan Housing Finance Corp)?
DHFL or Dewan Housing Finance Corporation Ltd. is a Non-bank financial company, which provides home loans. It defaulted on its payment obligations. So, the RBI decided to refer the company to the insolvency court (established under the Insolvency and Bankruptcy Code). [You may also read: The Insolvency and Bankruptcy Code Explained] The company will be …
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