Reliance Capital Decision: Closing checklist of potential decision candidates launched

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Adani Finserve, Brookfield Capital, Sure Financial institution, IndusInd Worldwide Holdings, Piramal Consortium are amongst 54 bidders who’ve made it to the ultimate eligible checklist of potential decision candidates for Reliance Capital. The checklist was launched by the RBI appointed administrator of Reliance Capital.

“…the Administrator is required to concern the ultimate checklist of eligible PRAs to the Committee of Collectors inside 10 (ten) days from the date of receipt of the objection,” Reliance Capital mentioned in a inventory trade submitting.

Reliance Capital’s administrator Nageswara Rao had launched the provisional checklist of potential decision candidates on April 4 and sought objections by April 9.

Others within the ultimate PRA checklist embrace Authum Funding Infrastructure, Bandhan Monetary Holdings, TPG Asia and TrueNorth Fund.

Bids are for varied enterprise teams together with choices together with Reliance Capital.



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