Towards a meltdown

Print edition : July 05, 2019

Outside the Dewan Housing Finance Corporation Limited office in Mumbai. Photo: Francis Mascarenhas/REUTERS

Close on the heels of the IL&FS crash in 2018, Dewan Housing Finance Limited “delays payment” on a Rs.1,000 crore debt, signalling a second major crisis unravelling in the NBFC sector.
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