SBI, Bank of Baroda to rescue DHFL?
  • WebDesk BTVI
  • Jun 28 2019

The move to provide relief to DHFL is afoot; even the RBI in its report alluded to the issue. Sources say, there is a comprehensive debt restricting plan in the offing. As per sources, the SBI and BoB are going to lead the way to reducing debt with contributing up to Rs 2,000 crore through equity conversion. Lenders will emerge as the largest shareholders with 40% stake in the company.