DHFL Scam | PMAY DHFL Fraud | What Happened To DHFL | DEWAN HOUSING FINANCE LIMITED

Описание: DHFL Scam | DEWAN HOUSING FINANCE CORPORATION LIMITED | PMAY DHFL Fraud | What Happened To DHFL | Finance With Pankaj

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The DHFL scam is one of the largest financial frauds in India, involving a staggering ₹34,615 crore ($4.3 billion). The scam primarily involved the Dewan Housing Finance Corporation (DHFL), which defrauded 17 banks through various means, including fake borrowers and shell companies. In July 2022, the Wadhawan brothers, former promoters of DHFL, were arrested for their alleged roles in this multi-crore scam. The case has significantly impacted the Indian banking sector, which is already grappling with issues of bad debts. The Piramal Group is now the parent company of DHFL following the financial turmoil.

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