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Rel Cap IndusInd: Reliance Capital lenders urge Hinduja Group arm to stick to resolution plan deadline - Vimarsana News

Rel Cap IndusInd: Reliance Capital lenders urge Hinduja Group arm to stick to resolution plan deadline

Published: April 28, 2024

Lenders of Reliance Capital urge IndusInd International Holdings Ltd (IIHL) to accelerate regulatory approvals for the resolution plan, emphasizing the May 27 deadline. IIHL is expected to pay Rs 9,650 crore by then. Delays in IRDAI approval for the transfer of insurance businesses raise concerns over meeting deadlines.

Source: indiatimes.com
Related Topics:
Nageswara RaoAnil Dhirubhai Ambani GroupHinduja GroupIndusind International HoldingNational Company Law TribunalIndusind International Holdings LtdReliance CapitalGeneral InsuranceReliance Nippon Life InsuranceReserve BankTorrent InvestmentsRel Cap IndusindResolution PlanDebt RiddenIrdai Approval
HDFC makes HDFC Life a subsidiary by raising its stake to 50.33% - Vimarsana News

HDFC makes HDFC Life a subsidiary by raising its stake to 50.33%

Published: June 29, 2023

Mortgage lender clarified that July 1 is simply a 'tentative' date for completion of its merger with HDFC Bank. The record date of July 13 is also tentative and subject to completion of certain formalities, it said

Source: moneycontrol.com
Related Topics:
Deepak ParekhHousing Development Finance CorporationDevelopment Authority Of IndiaInsurance CompanyCompetition Commission Of IndiaLife Insurance CompanyDevelopment Finance CorporationCompetition CommissionInsurance RegulatoryDevelopment AuthorityHdfc Life InsuranceHdfc BankCci ApprovalIrdai Approval