DHFL can pay banks and NBFCs with which it has securitisation deals: High Court

The Bombay High Court has allowed DHFL to make payments to banks and NBFCs that have securitisation arrangements with the stressed mortgage financier. The order came after a clutch of lenders, including the State Bank of India (SBI), Bank of Baroda, Standard Chartered Bank, Canara Bank and IDFC First Bank, approached the court.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2qT5cNa