Reliance Commercial owes creditors ₹9,017 crore. Authum has offered ₹2,207 crore - a 75% haircut for secured creditors - largely funded by internal cash reserves accumulated in the debtor and also some cash payment by Authum.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/reliance-commercial-finance-heads-to-a-resolution-by-the-month-end/articleshow/94160933.cms
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