Reliance Capital is planning to exit lending business. Instead, it will be only a financial shareholder in subsidiary companies Reliance Home Finance and Reliance Commercial Finance. As a part of transformation process, Reliance Capital has decided it will not be in any of the lending businesses.
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.
