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DHFL fails to make payment of commercial paper dues worth Rs 225 crore


Market participants say that on June 4, DHFL had interest and principal payments due to the tune of approximately Rs 1,100 crore to the industry/investors and the company failed to repay on the scheduled date.

Dewan Housing Finance Corporation (DHFL) on Tuesday defaulted on a part of its commercial paper (CP) dues. The company, in an exchange notification, said out of an aggregate amount of Rs 375 crore, it has paid Rs 150 crore on a proportionate basis. The balance amount of Rs 225 crore would be paid in the next couple of days, the company said.

“Pursuant ...


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