Business RBI supersedes board of DHFL, appoints R Subramaniakumar as new administrator Updated : November 21, 2019 08:34 AM IST RBI appointed R Subramaniakumar, former CEO and managing director of Indian Overseas Bank, the new administrator of the DHFL with all the powers of the board. DHFL owes over Rs 38,000 crore to banks alone and has over Rs 85,000 crore liabilities in total. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.