Reliance Capital has fully repaid its Commercial Paper (CP) on the due dates and the CP outstanding stands at zero from the peak outstanding amount of approximately Rs 3,500 crore.
ICRA and Brickwork Ratings India have withdrawn the rating assigned on the Commercial Paper programme of the company.
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.
