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Monday, November 25, 2019

After forensic audit report, mutual funds plan to go after DHFL promoters

These institutional lenders want Wadhawans, the promoter group, to arrange funds in the light of the findings of the forensic audit conducted by a Big4 firm. The MFs will soon raise the issue in the three-member committee formed by the Reserve Bank of India (RBI) to help the administrator in recovering about Rs 84,000 crore that DHFL owes to the system.

from Banking/Finance-Industry-Economic Times https://ift.tt/2QNNh5K

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