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Reliance Capital And Dewan Housing Finance Corporation

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Reliance Cap lenders vote in favour of Hinduja Group firm

 Lenders of debt-ridden Reliance Capital have voted in favour of a resolution plan submitted by Hinduja Group firm IndusInd International Holdings Ltd (IIHL) which made the highest cash offer of Rs......

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

 A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. Photograph:......

Tribunal stays Hinduja's revised offer for Reliance Cap

 The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group. Photograph: Prashant......

NBFCs Are No Longer Shadow Banks

 New norms are in place to strengthen regulations for this set of lenders which has been playing a critical role in Asia's third largest economy, notes Tamal Bandyopadhyay. Illustration: Dominic......

RBI initiates insolvency proceedings against Reliance Capital

 The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law......

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