 "Anil Ambani")
Even as the voting on Reliance Home Finance Ltd’s (RHFL) debt resolution is currently underway, the Indian lenders have started voting to select the highest bidder for Reliance Commercial Finance, the non-banking finance arm of Reliance Capital.
The voting, to choose the bidder, will end on June 25 and resolve another Rs 9,000 crore of debt of the Anil Ambani group company, said a banking source. The four bidders for RCFL are: Authum Infrastructure and Investment Ltd, UV ARC in consortium with Hawk Capital Pvt. Ltd, Invent ARC and Alchemist ARC.
Both subsidiaries of Reliance Capital Ltd had defaulted on
