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DHFL: Banks mull initiating resolution plan under new RBI circular

Updated : June 28, 2019 06:25 PM IST

On June 4, DHFL missed its deadline to make Rs 1,150 crore payment to its bondholders, which it repaid after a gap of seven days.
Sources told CNBC-TV18 that banks are mulling several routes for restructuring, including conversion of debt into equity under the new RBI June 7 circular.
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