BRIEF-Dewan Housing Chair Says Engaged Lawyers To Defend Itself Against Allegations

BRIEF-Dewan Housing Chair Says Engaged Lawyers To Defend Itself Against Allegations
  • Country:
  • India

Dewan Housing Finance Corporation Ltd : * CHAIR SAYS ALLEGATIONS BY COBRAPOST ARE UNFOUNDED AND MALICIOUS

* CHAIR SAYS ENGAGED LAWYERS TO DEFEND ITSELF AGAINST ALLEGATIONS INCLUDING THOSE MADE BY COBRAPOST * CHAIR SAYS LIQUIDITY SITUATION IN THE LAST FEW MOMTHS CHALLENGING

* CHAIR SAYS WILL BE ABLE TO GENERATE LIQUIDITY OF 40 BILLION TO 50 BILLION RUPEES IN THE NEXT FEW MONTHS * SAYS HAS PLANS TO MONETIZE LIFE INSURANCE BUSINESS IN THE COMING DAYS

* SAYS STARTED THE PROCESS OF SELLING DOWN BULK PORTFOLIO Source text for Eikon: Further company coverage:

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