UPDATE 1-India’s DHFL board approves plan to convert debt into equity, sell assets
India’s crisis-hit shadow bank
Dewan Housing Finance Corp (DHFL) said on Friday its
board had approved a plan that included converting debt into
equity, even as it seeks to sell assets and raise more capital.
Dewan Housing Finance Corp (DHFL) said on Friday its
board had approved a plan that included converting debt into
equity, even as it seeks to sell assets and raise more capital.
Posted by Reuters
