Finance
DHFL sells Rs 1,375 crore of its wholesale loan to Oaktree
Updated : January 29, 2019 02:43 PM IST
The transaction is structured under the securitization guidelines of the Reserve Bank, the company said in a statement on Tuesday.
"We have consummated the transaction and it will reduce our project finance book by about 8 percent. We will continue to focus on growing our retail franchise," chairman and managing director Kapil Wadhawan said.
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.
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
