 "Rs 4,100-crore PF scam: UP power employees on indefinite strike from Nov 28")
Even as the Reserve Bank of India (RBI) on Wednesday superseded the board of Dewan Housing Finance Corporation Limited (DHFL), the Uttar Pradesh power employees have announced indefinite ‘work boycott’ from November 28 against the illegal investment of their provident fund (PF) in the troubled non-banking financial company (NBFC).
While Rs 4,122 crore were invested in DHFL by the two trusts managing the PF corpus of the power employees between March 2017 and December 2018, about Rs 2,267 crore are still to be repaid by the company, which has been barred by the Bombay High Court from making fresh repayments.
Since, the
