Anil Ambani, chairman of Reliance Communications, speaks during a news conference. (Photographer: Abhijit Bhatlekar/Bloomberg News)

CARE Downgrades Reliance Home Finance’s Debt To Default

Apr 26 2019, 5:16 PMApr 26 2019, 5:21 PMApril 26 2019, 5:16 PMApril 26 2019, 5:21 PM

CARE Ratings Ltd. downgraded Reliance Home Finance Ltd.’s long-term debt programme to “default”, citing delays in servicing bank debt.It downgraded the rating on the Rs 4,979.92-crore long-term deb...