The latest meeting comes in the wake of a surprise bid for DHFL. View Full Image Crawling towards resolutionDHFL’s promoter has also offered to pay 100% of the principal amount of bank loans and also to other financial creditors. Since DHFL went into insolvency, the covid-19 pandemic hit businesses and lenders all over India. “Whoever invests in DHFL is not going to settle with creditors upfront in a big way. To whichever company DHFL goes, creditors are facing not less than a 70% haircut.

Source: Mint November 17, 2020 15:56 UTC