TNPSC Thervupettagam

Takeover of DHFL

February 21 , 2021 1365 days 942 0
  • RBI approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group.
  • Now, the Piramal Group will require to take permission of National Company Law Tribunal (NCLT) to take over the DHFL.
  • DHFL is a deposit-taking housing finance company.
  • It is the second housing finance company of India.
  • Now this company stands bankrupt.

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