Mukesh Ambani-owned Reliance Group raised $2.4 billion (around ₹21,000 crore) via asset-backed securities, Bloomberg reported. This deal, one of India's largest this year, saw strong demand from leading asset managers like Aditya Birla Sun Life and HDFC Asset Management. The strong demand for the securities allowed Reliance to increase the transaction size from the initially planned ₹18,000 crore.
short by
Shristi Acharya /
09:29 am on
16 Sep