Anil Ambani’s Reliance debt rises to Rs 20,380 crore; owes money to HDFC, Axis bank

Anil Ambani’s Reliance debt rises to Rs 20,380 crore; owes money to HDFC, Axis bank

Reliance Capital Ltd (RCL), a part of Anil Ambani-promoted Reliance cluster, has aforementioned the entire outstanding debt rose to Rs twenty,379.71 large integer at the top of Gregorian calendar month 2020.

The total debt, together with interest, stood at Rs nineteen,805.7 large integer on August thirty one, 2020.

Total monetary financial obligation of the listed entity, together with short and long debt and increased interest, was Rs 20,379.71 large integer at the top of Gregorian calendar month 2020, Reliance Capital aforementioned in an exceedingly restrictive filing on weekday.

The principal quantity because of HDFC Ltd is Rs 523.98 large integer and to Axis Bank Rs one hundred.63 crore, RCL said.

The total quantity of outstanding borrowings from banks and monetary establishments works bent Rs 700.76 crore, together with increased interest up to New Year’s Eve, the corporate additional.

Similarly, another cluster company Reliance Home Finance aforementioned the entire outstanding debt was getting ready to Rs thirteen,000 crore.

Total monetary financial obligation of the listed entity, together with short and long debt, stood at Rs twelve,943.18 large integer at the top of New Year’s Eve, 2020. This includes principal and interest.

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