DHFL Resolution: Bankers could take a haircut on interest exposure

By Mitali Salian, Chirag Madia & Shritama Bose Bankers to Dewan Housing Finance Company (DHFL) may be staring at a haircut of between 30-50% on the interest component of their exposure, senior bankers indicated to FE. While DHFL's resolution plan does not propose a haircut on the principal, only a moratorium, no specifics have been […]

from The Financial ExpressThe Financial Express https://ift.tt/2YKJYfW
via IFTTT