AN URGENT APPEAL TO THE PRESIDENT OF INDIA: FIXED DEPOSIT HOLDERS OF DHFL (01. 04. 2020)

Once in a Blue Moon Academia

To
The Honourable President,
Republic of India,
Rashtrapati Bhavan,
New Delhi- 110004

Sub: an appeal from distressed Fixed Deposit Holders of Dewan Housing Finance Corporation Limited (DHFL) at the time of COVID-19 Pandemic

Respected Sir,

We, the FD holders as well as our relatives and friends, earnestly request you to help us recover the hard-earned money invested at the Dewan Housing Finance Corporation Limited (DHFL) in the form of Fixed Deposits at the time of COVID-19 pandemic.

As you know well that this shadow bank is undergoing a moratorium since it was referred to the Insolvency and Bankruptcy Court a few months ago. DHFL is now under the apt guidance of the RBI and our money is stuck due to various complex legal issues.

We have invested here in FDs depending on the AAA-rating of the company as we are totally illiterate and ignorant about other forms of investments. Moreover…

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