Hinduja in the driver's seat as RBI is likely to extend the payment deadline for them, since they had bid Rs 1200 crore more than Torrent Group
Read MoreAshok Hinduja had claimed they will clear lender dues worth Rs 9850 crore in 48 hours post IRDA approval
Read MoreNew entities were introduced in the transaction at the eleventh hour, just days ahead of expiry of RBI deadline. RCAP to issue debentures to raise funds for its own acquisition. Deadline extension may be a huge setback for lenders
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