Creditors to vote on bids for Reliance Home Finance by June 15 - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Creditors to vote on bids for Reliance Home Finance by June 15

Unlike other large defaults where creditors have initiated bankruptcy proceedings, the RHF debt resolution is under the June 7, 2019 circular of the Reserve Bank of India, which provides for out-of-court restructuring under the prudential framework for resolution of stressed assets.

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