UPDATE 1-India cenbank to begin bankruptcy proceedings against shadow lender DHFL
India’s central bank said on
Wednesday it would initiate bankruptcy proceedings against Dewan
Housing Finance Ltd (DHFL), as it seeks to address
governance concerns and defaults at what was once one of the
country’s biggest shadow lenders.
Wednesday it would initiate bankruptcy proceedings against Dewan
Housing Finance Ltd (DHFL), as it seeks to address
governance concerns and defaults at what was once one of the
country’s biggest shadow lenders.
Posted by Reuters
