Reliance Commercial Finance heads to a resolution by the month-end - Business News: Latest News & Videos about market and economy | Trendmergers

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Reliance Commercial Finance heads to a resolution by the month-end

Reliance Commercial owes creditors ₹9,017 crore. Authum has offered ₹2,207 crore - a 75% haircut for secured creditors - largely funded by internal cash reserves accumulated in the debtor and also some cash payment by Authum.

from Industry-Economic Times
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