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RCap Administrator seeks to reconstruct Reliance Capital into 4 core investment companies

by AIP Online Bureau | Oct 20, 2022 | Indian News, Life, Non-Life, Regulation

The sole objective of reconstructing RCap CIC into four CICs is to help select bidders of RCap’s insurance businesses circumvent the IRDAI guidelines related to the five-year lock-in period Mumbai: In a surprise move, the Reliance Capital (NS:RLCP) (RCap)...
Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital

Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital

by AIP Online Bureau | Mar 12, 2022 | Indian News, Life, Non-Life

Anil Ambani, Chairman, Reliance Group The Reliance Capital subsidiaries include Reliance General Insurance, Reliance Nippon Life Insurance, Reliance Securities, Reliance Asset Reconstruction Company, Reliance Home Finance and Reliance Commercial Finance. The Reserve...

RBI-appointed administrator invites bids for resolution of Reliance Capital

by AIP Online Bureau | Feb 20, 2022 | Indian News, Life, Non-Life, Regulation

Reliance Capital has two insurance companies, Reliance General Insurance and Reliance Nippon Life Insurance Company, as subsidiaries Mumbai: As part of the resolution process, the RBI-appointed administrator on Friday invited expressions of interest (EoIs) for sale of...
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