Dhfl Insolvency

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Piramal group gets RBI nod for acquisition of DHFL; mortgage lender's shares rise by 4.94%
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Piramal group gets RBI nod for acquisition of DHFL; mortgage lender's shares rise by 4.94%

DHFL was the first finance company to be referred to NCLT by the RBI using special powers under Section 227 of the IBC. The company owes Rs 87,031 crore to financial creditors