MoneyWorks4Me

Reliance Capital raises Rs 2,500 crore to refinance its debt

22 Nov 2017 Evaluate

Reliance Capital has raised Rs 2,500 crore from banks and financial institutions for refinancing its debt. The money has been raised through term loan and non- convertible debentures (NCDs) with maturity period ranging from 5-7 years.

Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It ranks amongst the top private sector financial services and banking groups, in terms of net worth.



Peers