Claims worth Rs 4,800 crore admitted from FD holders of DHFL

Claims worth Rs 4,800 crore admitted from FD holders of DHFL
06/01/2020 , by , in ALLIED

The Reserve Bank-appointed administrator of beleaguered Dewan Housing Finance Limited (DHFL) has admitted close to Rs 4,800 crore of claims submitted by fixed deposit holders of the company, a source said.

Nearly 55,000 public depositor holders, including retail and UP Power Corporation Employees, have demanded payments aggregating to Rs 5,200 crore from the troubled mortgage players as of December 17.

“The claims from fixed depositors that have been admitted, so far, are Rs 4,800 crore,” a source said.

With this, the total amount of claim received by the company’s administrator, R Subramaniakumar, who is also the resolution professional, from financial creditors, operational creditors, employees, fixed deposit holders, and other creditors has touched approximately Rs 93,105 crore.

Against that, around Rs 85,800 crore of claims have been admitted, so far, said a banker.

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