Page 9 - Reliance Capital

Reliance Capital: Demerger of commercial finance biz right step

Will turn firm into core investment-cum-holding entity, align overall operational structure

Reliance Capital to transfer commercial finance business to separate firm

The move will also enhance employee engagement and retention through ability to grant ESOPs in the business

Reliance Capital raises Rs 2,000 cr though debentures

Funds will be utilised for refinancing existing debt and to grow company's lending business

Reliance Capital raises ~2,000 cr though debentures

The finance company will use the proceeds to refinance debt and grow its lending business. The debt-to-equity ratio remains at a conservative 1.7, among the lowest in the non-banking finance sector

Reliance Capital raises $300 million via private placement

Reliance Capital is a part of the Anil-Ambani-led group

Reliance Capital to expand customer base to 50 million: Anil Ambani

The comapny total income rose by 12 per cent in the financial year 2015-16 to Rs 9,998 crore

Reliance Capital net profit at Rs 207 cr in Apr-Jun quarter

Reliance Capital has reported a consolidated net profit of Rs 207 crore in first quarter ended June 30, 2016. Its net profit stood at Rs 201 crore in the year-ago period. June quarter's data, the company said, include figures of Reliance Nippon Life Insurance (formerly Reliance Life Insurance Company) which became a subsidiary of the firm with effect from March 30, 2016. Hence, the figures for the quarter are not comparable with the corresponding quarter ended June 2015 and sequential quarter ended March 2016, it said in a regulatory filing. "Total income is Rs 3,663 crore for the quarter ended June 2016, where as the same was at Rs 2,470 crore during the same quarter a year ago," Reliance Capital said. On standalone basis, there was a 22 per cent rise in net profit at Rs 213 crore in June quarter of 2016-17, against Rs 175 crore year ago. Total standalone income increased to Rs 1,007 crore for quarter from Rs 946 crore for same quarter year ago. Besides, it informed for ...

Reliance Capital logs Rs 207 crore profit

Company said its total income for the period under review was Rs 3,663 crore up from Rs 2,470 crore for the period ended June quarter

Reliance Capital plans to launch more products in MFs, life insurance biz

Reliance Capital is the financial services arm of Anil Ambani-led Reliance Group

Reliance Capital Q4 net up 2% at Rs 415 cr

Firm to bring strategic partner for general insurance unit

Reliance Capital completes 23% stake sale in life insurance venture

The value of the entire transaction stands at Rs 2,265 crore

R-Cap rejigs model to apply for banking licence

The business would be merged with the wholly-owned subsidiary Reliance Gilts and the combined entity would then be renamed as Reliance Commercial Finance