Monday, September 28, 2020

Lenders give clean chit to Reliance Commercial Finance as GT audit finds no fraud

As per the report, of the total consolidated debt owed to banks, RCFL accounted for Rs 11,620 crore, Reliance Home Finance Ltd (RHFL) Rs 7,430 crore and Reliance Capital (standalone) Rs 6,750 crore of debt. The consolidated debt includes term loans, cash credit and non-convertible debentures.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jbg3sf

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