Reliance Home Finance (RHFL) is in discussion with several investors for equity infusion, amid tight financial conditions plaguing the industry for the past few months.
Besides, the company said its sponsor, Reliance Capital, will continue as a minority financial investors as it sees future long-term upside in the sector, upon restoration and a more supportive and conducive environment.
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.
