Reliance Capital lenders decide to go for fresh auction - Business News: Latest News & Videos about market and economy | Trendmergers

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Reliance Capital lenders decide to go for fresh auction

The decision was taken late Friday night at the committee of creditors (CoC) meeting to review offers received from the Hinduja Group and Torrent Investments. Lenders fixed the threshold price of ₹9,500 crore on a net present value (NPV) basis, which includes ₹8,000 crore as minimum upfront cash payment, the people said. finan

from Industry-Economic Times
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