|
Authum Investment & Infrastructure announced that the Resolution Plan
comprising the total Resolution amount of Rs. 3,351 crore has been implemented through the Company's wholly owned subsidiary viz. Reliance Commercial Finance (RCFL) and RCFL has acquired Business Undertaking of Reliance Home Finance (RHFL) on a slump sale
and going concern basis.
The acquired Business Undertaking of RHFL includes movable, immovable, investments,securitized and non securitized loan portfolio consisting of affordable home loans, home loans, loan against property, construction finance, etc.
|