Sale of Reliance Capital's assets gets resounding response

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap’s 51 per cent stake......

Three things that could curb bank credit growth this year

The RBI's increase in risk weights on bank lending to non-banking financial companies and on unsecured loans has pruned credit growth in these segments. Illustration: Uttam Ghosh/Rediff.com Bank......

SBI Caps, JM Financial to sell Reliance Capital assets

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......

Reliance Capital AMC to operate in Malaysia

Anil Ambani-promoted Reliance Capital Asset Management company has been given approval to commence operations in Malaysia, a top official of the Securities Commission, Malaysia, said on......