Tag: Reliance MF

Sachin Bansal, Reliance MF, other investors of Altico face defaults on Rs 95 crore debt

MUMBAI: Nonbank lender Altico Capital’s bond investors, including Flipkart cofounder Sachin Bansal and Reliance Mutual Fund, face immediate defaults on two series of outstanding debt coming up for repayment in the next two weeks–about Rs 95 crore all told is due on September 26 and 29. Altico has bonds worth a total Rs 1,808 crore […]

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