Reliance Home Finance has received approval to raise an amount upto Rs 2,500 crore by way of a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of face value Rs 1,000 each in one or more tranches. The Board of Directors of the Company at its meeting held on February 14, 2019 has approved the same.
Reliance Home Finance is engaged in providing housing finance. It provides housing loans, home improvement loan, home extension loan and reliance property solutions. It offers home loans to individuals and companies. It operates as a subsidiary of Reliance Capital.
