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Wednesday 23 October 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / DHFL gave Rs 20, 000 cr loans to group companies

DHFL gave Rs 20, 000 cr loans to group companies

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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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