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Cash-strapped DHFL gets 7 days to finalise and present a resolution plan

The resolution plan will also entail additional lines of credit from the consortium

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DHFL

Hamsini Karthik & Surajeet Das Gupta  |  Mumbai/New Delhi 



DHFL
A woman walks past a signboard of DHFL outside its office on the outskirts of Mumbai Photo: reuters

In a meeting on Thursday, lenders to the troubled housing finance company (HFC) Dewan Housing Finance Corporation (DHFL) agreed to allow the firm to finalise and present a resolution plan to the consortium within seven working days, said people in the know.

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First Published: Thu, July 11 2019. 20:26 IST

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