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Anil Ambani-led Reliance Capital repays Rs 650 crore NCDs

Updated : May 17, 2019 10:39 PM IST

At least two entities in the group, Reliance Commercial Finance and Reliance Home Finance, have witnessed rating downgrades on their borrowings earlier this month.
Reliance Capital said that it has invited its partner, Nippon Life Insurance Co. Ltd, to make an offer to acquire up to 42.88 percent stake held by it in Reliance Nippon Life Asset Management Ltd.
Anil Ambani-led Reliance Capital repays Rs 650 crore NCDs

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