State-owned lenders to DHFL are understood to have informed the government that they cannot ascertain recoverability or end-use of wholesale loans extended by the troubled housing finance company. Given the lack of visibility on recoveries, they have indicated their inability to move ahead with any resolution plan.
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Tuesday, October 29, 2019
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Can’t trace DHFL’s loans: State-owned banks
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Can’t trace DHFL’s loans: State-owned banks https://ift.tt/32WNtTe
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