The deadline for submission of resolution plan for debt-ridden Reliance Capital may be extended further as bidders have sought more time to complete the due diligence process, sources said. Few bidde...

Lenders of debt-ridden Reliance Capital Ltd (RelCap) are likely to share the Request For Resolution Plan (RFRP) document with bidders by Wednesday or Thursday and bids with a high upfront cash payment...

Differences have emerged between the lenders and the RBI-appointed administrator of debt-ridden Reliance Capital Ltd (RCL) over the resolution process of the company’s different subsidiaries or ...

Bandhan is gearing up for a bigger play in the financial services sector having expanded from micro lending to banking, followed by a foray into housing finance with the acquisition of Gruh and the cu...

⚫ Adanis, Tata and ICICI Lombard among the bidders ⚫ Third NBFC in solvency court after two Srei entities and Dewan Housing ⚫ Most have bid for the entire company ...

Adani Finserve, KKR, Piramal Finance and Poonawala Finance are among the 14 firms that have expressed interest to acquire debt-ridden Reliance Capital Ltd, promoted by the Anil Ambani group, sources s...

The Mumbai bench of the National Company Law Tribunal (NCLT) on Monday admitted a petition moved by the Reserve Bank of India (RBI) to initiate insolvency proceedings against Anil Ambani’s Relia...

The Reserve Bank of India (RBI) on Thursday said it has filed an application with the National Company Tribunal Ltd (NCLT) to initiate bankruptcy proceedings against Reliance Capital Ltd (RCL), just t...

The Reserve Bank of India (RBI) on Tuesday  moved quickly towards the process of finding a resolution for Reliance Capital Ltd (RCL) whose board was superseded on Monday. The regulator appointed ...

The Reserve Bank of India (RBI) on Monday superseded the board of Reliance Capital Ltd, heaping further ignominy on beleaguered industrialist Anil Ambani who has seen his once-feted business empire cr...