Reliance Capital's lenders agree on EoI document for bidders


Reliance Capital's lenders agree on EoI document for bidders

The Reserve Bank of India had superseded the board of Reliance Capital on November 30 and brought in Nageswara Rao, a former executive director at Bank of Maharashtra, as its administrator. The administrator has admitted claims worth ₹24,000 crore of financial creditors so far.

Galaxy Investments, a wholly owned subsidiary of KKR Asia Pacific Infrastructure Holdings, has entered into a definitive agreement with UK’s development finance institution CDC’s India Infrastructure Fund II to acquire a stake in the company.


https://ift.tt/IzkJ6L1

Post a Comment

Finance

Finance Finance Rs 2,317 crore loan given by DHFL to Radius Group was laundered by the Wadhawan brothers, ED tells court Jun 28, 2022, 08...

My Instagram

Copyright © Pramukh Advisor. Made with by OddThemes