Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
The portfolio consists of bad loans given to Xrbia group.
Mohanty is currently serving as the MD and CEO of LIC Housing Finance.
Sale done at an average price of Rs 686.07 per share.
Bank of Baroda Financial Solutions Ltd (BFSL) is a 100% owned subsidiary of Bank of Baroda.
According to the reports, the money was released to lenders on Tuesday.
Returning of DRHP means that SEBI has not approved the IPO of the two companies for the time being.
The scheme will invest in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years.
Increase in interest rate applicable on FD terms of 15 to 23 months.