Reliance Capital has repaid Rs 650 crore of non-convertible debenture (NCDs) that were due on May 17, 2019. The disclosure comes at a time when Reliance Group companies and some others, are facing liquidity troubles.
Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.
