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Wednesday, October 30, 2019

Can’t trace DHFL’s loans: State-owned banks

State-owned lenders to DHFL are understood to have informed the government that they cannot ascertain recoverability or end-use of wholesale loans extended by the troubled housing finance company. Given the lack of visibility on recoveries, they have indicated their inability to move ahead with any resolution plan.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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