Differences emerge between Reliance Capital admin, lenders over resolution of company arms


Differences emerge between Reliance Capital admin, lenders over resolution of company arms

As many as 54 bids were received for the resolution of RCL and its multiple subsidiaries as of March 25, which was the last date for submission of Expressions of Interest (EoI). Of those, around 22 EoIs are for RCL as a company, while the rest are for individual or a combination of the company's eight subsidiaries, sources said.

Governor Das said it is for the NBFCs to make their own choice and the central bank after having created a broad framework does not have a role in it.


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