Reliance Capital's lenders plan 2nd auction on Jan 19

A note circulated by the administrator to the bidders, including Torrent Investments and Hinduja Group entity, says that this is a continuation of the previous auction that was held on December 21. The note states that no change in the financial proposal post the challenge mechanism shall be permitted.

from Banking/Finance-Industry-Economic Times https://ift.tt/XGhof29