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.