Sunday, March 26, 2023

Reliance Capital lenders fear recovery below liquidation value

Lenders of bankrupt Reliance Capital fear their loan recovery could fall below the liquidation value of `12,500-13,000 crore for the financial services company since both bidders, Hinduja Group and Torrent Investments, are reluctant to improve their offers, bankers dealing with the matter said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2AYN9Lb

No comments:

Post a Comment