Wednesday, October 23, 2019

DHFL gave Rs 20, 000 cr loans to group companies

Troubled housing financier DHFL extended loans amounting to Rs 19,753 crore to companies having ‘commonalities’ with itself, says a draft forensic report by accounting firm KPMG. The report’s findings put the lenders in a dilemma. They cannot restructure the loans under the present management.

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