Financially, operationally obsolete: Govt may waive 80-cr loan to wind up loss-making MSME lender | Delhi News

New Delhi: Delhi govt is likely to waive Rs 80crore loan extended to Delhi Financial Corporation (DFC), paving the way for winding up the loss-making govt-owned MSME lender that, officials said, has become financially and operationally obsolete.A recently prepared proposal, seen by TOI, seeks to let go of the outstanding loan along with the accrued…

Read More