Although Reliance Capital's (RCap) lenders succeeded in concluding the second auction with an improved offer, they will have to cross several hurdles before completing the sale of the Anil Ambani financial services company as part of the insolvency process.
source https://economictimes.indiatimes.com/industry/banking/finance/reliance-capital-resolution-more-challenges-ahead/articleshow/99825387.cms
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