Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over Rs 60,000 crore write-off

In November, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings. DHFL was the first finance company to be referred to NCLT by the RBI using special powers under section 227.

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