Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Business

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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV