Reliance Capital: IIHL seeks RBI approval to pledge 100% of RCap’s shares
Mumbai: Hinduja Group-linked IIHL BFSI (India) has sought the banking regulator’s approval to pledge 100% shares of Anil Ambani-promoted Reliance Capital, the company it acquired in a bankruptcy resolution, to raise ₹8,000 crore, people with knowledge of the matter told ET. IndusInd International Holdings (IIHL), a holding company of IIHL BFSI (India), received the NCLT … Read more
