RBI constitutes 3-member panel for DHFL

The Reserve Bank of India (RBI) yesterday constituted a three-member panel to advise the Administrator of Dewan Housing Finance Corporation Limited, DHFL, ahead of formally moving for resolution of the troubled mortgage lender under the insolvency law. According to RBI's official statement, IDFC First Bank's Non-Executive Chairman Rajiv Lall, ICICI Prudential Life Insurance's Managing Director and Chief Executive N S Kannan and Mutual Funds' Association AMFI&a...