Hinduja Group more likely to search extension from RBI on switch of RCap to IIHL

Hinduja Group’s IndusInd Worldwide Holdings (IIHL) is predicted to hunt a six-month extension from the Reserve Financial institution of India for the proposed switch of management of Reliance Capital, sources advised businessline. Along with IIHL, elements of Reliance Capital’s enterprise can be transferred to its subsidiaries IIHL BFSI (India) Restricted (IIHL BFSI), and Aasia Enterprises … Read more