Reliance Capital likely to share RFRP with bidder by Wed; all cash bids to get highest score : Rashtra News #Reliance #Capital #share #RFRP #bidder #Wed #cash #bids #highest #score Lenders of debt-ridden Reliance Capital Ltd (RCL) are likely to share the Request For Resolution Plan (RFRP) document with bidders by Wednesday or Thursday and
Lenders of debt-ridden Reliance Capital Ltd (RCL) are likely to share the Request For Resolution Plan (RFRP) document with bidders by Wednesday or Thursday and bids with a high upfront cash payment component will get the maximum score as a part of the resolution process, sources said.
RCL had offered two options to all the bidders. Under the first option, companies could bid for Reliance Capital, including its eight subsidiaries or clusters. The second option gave the company freedom to bid for its subsidiaries, individually or in a combination, , reliance capital, resolution framework