RBI moves quickly on DHFL, establishing 3- member committee

MUMBAI: The Reserve Bank of India, bolstering its role as a monetary services regulator, discovered a three-member consultatory committee on Friday to help the administrator it's appointed for Dewan Housing Finance Corp. Ltd (DHFL) to make sure that the debt-laden company’s quality doesn't worsen any more.

On Wednesday, the RBI superseded DHFL’s board and aforesaid it'll refer the mortgage investor to the Nati....