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Lenders to cash-starved DHFL likely to finalise resolution plan today

Hamsini Karthik/ 11 Jul 19 | 02:19 AM

The consortium of lenders to DHFL is closer to arriving at a resolution plan. All banks have agreed on the inter-creditor agreement and, sources say they may finalise the plan on Thursday.  

The resolution process will entail an additional line of credit facility for DHFL that will be extended on a monthly basis.

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