The Reserve Bank of India sprang a surprise on lenders to Dewan Housing Finance Corp. Ltd (DHFL) by superseding its board on Wednesday, four bankers aware of the matter said, even as these bankers were meeting to craft a rescue plan for the troubled lender.
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in
