Reliance Capital s debt swells to Rs 20,380 crore ANI | Updated: Jan 08, 2021 18:09 IST
Mumbai (Maharashtra) [India], January 8 (ANI): Anil Ambani-led Reliance Capital has said its total outstanding debt rose to nearly Rs 20,380 crore by end-December 2020.
In September last year, it had reported a total debt of Rs 19,806 crore.
Now, the principal amount due to HDFC Ltd is Rs 523.98 crore and to Axis Bank Rs 100.63 crore, Reliance Capital said in regulatory filings at stock exchanges. The total amount of outstanding borrowings from banks and financial institutions works out to Rs 700.76 crore, including accrued interest up to December 31, it said. Total financial indebtedness of the listed entity, including short-term and long-term debt and accrued interest, was Rs 20,379.71 crore at the end of December 2020.
SINGAPORE (THE BUSINESS TIMES) - Singapore's bank lending ticked up 0.2 per cent month on month in November to reverse an eight-month decline, according to preliminary data from the Monetary Authority of Singapore (MAS) on Thursday (Dec 31).. Read more at straitstimes.com.
SINGAPORE - Insurer NTUC Income plans to double its licensed financial advisers in the next few years, as part of a broader effort to transform the business and reach out to younger customers.. Read more at straitstimes.com.