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Lenders to Reliance Capital accuse Hinduja’s IIHL of using delaying tactics

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90 days have passed since IIHL submitted the application with DIPP, but the approval is still pending. | File Photo

2 min read Last Updated : Sep 01 2024 | 4:36 PM IST


Lenders to debt-ridden Reliance Capital Ltd (RCAP) have alleged that Hinduja Group firm IIHL is indulging in delaying tactics, resulting in slowdown in implementation of the resolution plan.


Mauritius-based IndusInd International Holdings Ltd (IIHL) emerged as a…

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