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Reliance Home Finance news: Reliance Home Finance headed for voluntary liquidation, surrenders CoR

The Reserve Bank of India (RBI) has granted approval for Reliance Home Finance s voluntary exit from the home finance business. Authum Investment and Infrastructure Ltd, which acquired Reliance Home Finance a year ago, has proposed the voluntary liquidation. The housing finance company plans to execute a slump sale of all assets to Reliance Commercial Finance Ltd, another company acquired by Authum Investment. ....

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Centrum Capital explores sale of its stake in housing finance business

Centrum Capital is reportedly considering selling its stake in Centrum Housing Finance, its mortgage financing business. Centrum holds a 74% stake, while Morgan Stanley PE Asia holds around 25%. The potential sale is driven by RBI directives following Centrum s acquisition of PMC Bank, which require Centrum to divest its majority stake in the housing finance business ....

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'looking To List Godrej Capital Over The Next Five To Six Years'

In an interview, Pirojsha Godrej, chairman, and Manish Shah, chief executive, Godrej Capital, said while the group is a late entrant, it sees significant growth opportunities ....

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