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NABARD gives clean chit to Reliance Commercial Finance Tag

Daily Market Analysis

Daily Market Analysis – 4th Nov 2020

byAditi KediaNovember 4, 2020

NABARD gives clean chit to Reliance Commercial Finance Government owned National Bank for Agriculture and Rural Development (NABARD), the second-largest lender to Reliance Commercial Finance Limited with over Rs 1,100 crore of secured loan exposure, has given it a clean chit and has removed its red flag. NABARD had classified the account of RCF as a red flag on February 25, 2020....