RELIANCE CAPITAL

abhishreshthaa

Abhijeet S
RELIANCE CAPITAL

  • Reliance Capital is one of India’s leading private sector financial services companies , and ranks among the top 3 private sector financial services and banking companies, in terms of net worth.

  • Reliance Capital has interests in asset management and mutual funds, stock broking , life and general insurance , proprietary investments, private equity and other activities in financial services .

  • Reliance Capital sees immense potential in the rapidly growing financial services sector in India and aims to become a dominant player in this industry and offer fully integrated financial services .

  • Reliance Life Insurance is an associate company of Reliance Capital Ltd. , a part of Reliance - Anil Dhirubhai Ambani Group. Reliance Capital is one of India’s leading private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth.

  • Reliance Capital has interests in asset management and mutual funds, stock broking, life and general insurance, proprietary investments, private equity and other activities in financial services.

  • Reliance - Anil Dhirubhai Ambani Group also has presence in Communications, Energy, Natural Resources, Media, Entertainment, Healthcare and Infrastructure

  • India ( Mutual Fund ) Regulations, 1996. RCL primarily focuses on funding projects in the infrastructure sector and supports the growth of its subsidiary companies, Reliance Capital Asset Management Limited , Reliance Capital Trustee Co. Limited, Reliance Limited .

  • As of March 31, 2005 , the company’s investment in infrastructure projects stood at Rs. 1071 Crores. The investment portfolio of RCL is structured in a way that realizes the highest post- tax return on its investments.



Reliance Capital Ltd According to newspaper

According to newspaper reports, Reliance Capital Limited has decided to convert itself into a special purpose vehicle cum venture capital outfit.

  • The company plans to develop infrastructure projects and invest in InfoTech, Internet, media and biotech startup. The company is also drawing up plans to enter the insurance sector and to expand its mutual fund business.

  • Reliance Capital Limited (RCL) is India’s largest private sector financial services company.

  • RCL has a net worth in excess of Rs. 11 bn.

  • The Reliance group owns a 53% stake in the company.

  • RCL is moving away from the traditional non-banking finance company mould by reducing business activities pertaining to inter corporate deposits and corporate loans.
  • The company is setting aside Rs. 10 bn to invest in its new business focus areas.
 
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