Reliance Capital has redeemed Short-Term Debt Programme (CPs) of Rs 875 crore out of Rs 950 crore on the respective due dates in the past 2 months and the outstanding CP is now only Rs 75 crore, which will also duly be redeemed on its maturity date i.e. July 24, 2019.
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.
