Reliance Closes Indian Equity-Linked Structure

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Reliance Closes Indian Equity-Linked Structure

Mumbai-based Reliance Capital has closed a 36-to-40 month INR20 crores (USD3.6 million) equity-linked auto-call structured product referencing the India’s Nifty index, the firm’s largest transaction ever and one of the largest deals in the Indian market this year.

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