IDBI Capital Markets, the insurance company’s process adviser for the sale of bonds, has invited binding bids from asset reconstruction companies by the evening of September 5, the people said. This is the third attempt by the country’s largest life insurance company to sell its Reliance Capital debt.source https://economictimes.indiatimes.com/industry/banking/finance/insure/lic-seeks-buyers-for-its-rs-3400-crore-secured-bonds-issued-to-reliance-capital/articleshow/93716006.cms
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