by AIP Online Bureau | Jul 31, 2022 | Indian News, Life, Non-Life, Regulation
Few bidders, including Piramal, Torrent, Oaktree and IndusInd Bank, have written to the administrator seeking an extension of the deadline from existing August 10 to September 15. Moreover, sources said, one of the bidders Piramal Group is also facing roadblock as...
by AIP Online Bureau | Jun 8, 2022 | Indian News, Life, Non-Life, Regulation
According to sources, as of now, there are only three bidders who are actively engaged with the CoC for RCap’s resolution. These are Piramal, Yes Bank and IndusInd Bank Mumbai: Lenders to Reliance Capital may extend the last date for submission of bids for...
by AIP Online Bureau | Mar 27, 2022 | Indian News, Life, Non-Life
Anil Ambani According to the sources, a majority of the bidders, who have submitted EOIs, have bid for the entire company, while the others have bid for one or more subsidiaries of RCL Reliance Capital’s subsidiaries include Reliance General Insurance, Reliance...
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...
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...
