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#1
13th September 2006, 03:15 PM
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Rel Capital
Hi All,
Has any one any new on Reliance Capital Limited obtaining license for operating Banking Sevices? Today Rel Cap is moved positive aprox 5%. If any one know kindly let me inform. Jaydip 
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#2
13th September 2006, 03:36 PM
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Re: Rel Capital
I Dont THINK This Is Possible Under Indian Banking Laws.a Nbfc Cannot Operate A Bank.it Might Be Possible That Adag Group Is Mulling Over Converting Rel Cap Into Bank.have Not Heard Of It Though And Dont Know Whether Rules Will Permit Him To Do So Track The Story Bro And Give Updates
Thanks
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#4
28th September 2006, 12:12 PM
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Re: Rel Capital
Check this link.
Rel. Cap. is really going to do some thing special that;s the reason it's flying so high. Rs. 60+ in few day (500 to 560+) I got on link from moneycontrol.com I am sharig this with you. kindly check http://www.moneycontrol.com/india/ne...article/242436 Subject of this artical is R-Cap eyeing Bank St? As I feel we must keep eye on this stock. I personally recomand this stock. Any one has any news supporting this or reason why Rel. Cap is flying ? If you have any kidnly update me. Regards Jaydip
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