Piramal Group said, “The Reserve Bank of India (RBI) is understood to have cleared the resolution plan for debt-ridden Dewan Housing Finance Limited (DHFL) as approved by the Committee of Creditors (CoC). We understand that the RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the CoC.”The resolution plan was approved in its 18th meeting held on 15th January 2021.
