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Reliance Capital Acquisition: How did Anil Ambani's company, Once bigger than HDFC, Become debt-ridden? Full timeline
Reliance Home Finance and Reliance Commercial Finance, defaulted. These defaults were due to loans given to related parties that also defaulted. In November 2021 the Reserve Bank of India ...
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Satheesan alleges ₹101 crore loss in Kerala financial body’s investment in Reliance
in the now-liquidated Reliance Commercial Finance Limited (RCFL) owned by Anil Ambani in 2018-19 when the latter was in bad fiscal health. The Congress leader claimed that KFC, founded with the ...
The New Indian Express29d
Kerala opposition alleges Rs 101 crore loss in KFC's dubious investment in Anil Ambani's Reliance Commercial Finance
Former Finance Minister and senior CPI(M) leader T M Thomas Isaac dismissed the allegations as baseless, stating, "The Leader of the Opposition should provide evidence to support his claims." ...
The New Indian Express28d
Kerala Financial Corporation lost Rs 101 crore by investing in Reliance Finance, says Satheesan
had caused a loss of Rs 101 crore to the state by investing in Reliance Commerce Finance Ltd, (RCFL) a liquidated private firm. He also demanded that the state government should probe the ...