The debt including interest as of August 31, 2020, stood at Rs 19,805.7 crore
Mumbai: Sanjhi Soch Beauro –Reliance Capital Ltd, the arm of Anil Ambani-led Reliance Group has announced that by the end of December 2020, the outstanding debt amount rose to Rs 20,379.71 crore. The debt including interest as of August 31, 2020, stood at Rs 19,805.7 crore. Reliance Capital at the regulatory filing on Thursday said that the total financial indebtedness of the listed entity, including short-term and long-term debt and accrued interest, was Rs 20,379.71 crore at the end of December 2020.According to RCL, the principal amount due to HDFC Ltd is Rs 523.98 crore and to Axis Bank Rs 100.63 crore.
The total amount of outstanding borrowings from banks and financial institutions works out to Rs 700.76 crore, including accrued interest up to December 31, the company further added.
Similarly, Reliance Home Finance, another arm of the Anil Ambani led Reliance, has said that the total outstanding debt was close to Rs 13,000 crore
