E-auction for RCap later this month; base bid at ₹5,231 crore - Business News: Latest News & Videos about market and economy | Trendmergers

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E-auction for RCap later this month; base bid at ₹5,231 crore

There will be multiple rounds of bidding among resolution applicants until the highest bidder is identified. The highest offer of ₹5,231 crore from Piramal Enterprises-Cosmea Financial Holdings team for Reliance Capital and its units will be the base bid for the e-auction.

from Industry-Economic Times
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