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4 months ago
BRIEF-Reliance Capital completes transfer of commercial finance division into separate unit
March 24, 2017 / 11:10 AM / 4 months ago

BRIEF-Reliance Capital completes transfer of commercial finance division into separate unit

1 Min Read

March 24 (Reuters) - Reliance Capital Ltd:

* Says Reliance Capital completes transfer of its commercial finance division into separate wholly owned subsidiary

* Transfer aligns Reliance Commercial Finance with corporate structure where operating businesses are fully or majority owned units of co

* Says transfer to be effective from April 1, 2016

* Reliance Capital to become a core investment company post this demerger Source text: bit.ly/2nYmkeJ Further company coverage:

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