Creditors to DHFL claim dues of ₹87,905.6 crore under insolvency resolution process - News Summed Up

Creditors to DHFL claim dues of ₹87,905.6 crore under insolvency resolution process


Mumbai: Lenders, bondholders, employees and other creditors to Dewan Housing Finance Corp Ltd (DHFL) have claimed dues of ₹87,905.6 crore under the insolvency resolution process, showed data on the company’s website. This does not include holders of fixed deposits, to whom DHFL owed ₹6,188 crore as on 6 July. According to the latest data available, financial creditors, including bondholders have claimed dues of ₹86,892.3 crore. While bondholders alone have claimed ₹45,550.07 crore, lenders and other financial creditors have sought ₹41,342.23 crore from the mortgage lender. State Bank of India, including SBI Singapore, is the largest lender with a claim of ₹10,082.9 crore, followed by Bank of India ( ₹4,125.52 crore), Canara Bank ( ₹2681.81 crore), National Housing Bank ( ₹2,433.79 crore), Union Bank of India ( ₹2,378.05 crore), Syndicate Bank ( ₹2,229.29 crore) and Bank of Baroda ( ₹2,074.92 crore), including others.


Source: Mint December 30, 2019 10:07 UTC



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