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Reliance Capital bidders seek extension of deadline to submit resolution plan

The deadline for submission of resolution plan for debt-ridden may be extended further as bidders have sought more time to complete the due diligence process, sources said. Few bidders, including Piramal, Torrent, Oaktree and , have written to the administrator seeking an extension of the deadline from existing

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Ujjivan entering gold loan segment shortly; to offer auto loans to all customers

With an aim to increase its secured asset portfolio, Ujjivan Small Finance Bank is entering the gold loan segment shortly and also extending auto loan offerings to non-micro borrowers. Like other small finance banks, currently, as much as 70 per cent of Ujjivan's assets are unsecured/without collaterals, and a vast

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