Announces strategic alliance with Sumitomo Mitsui Trust Bank of Japan (Japan’s fourth largest bank)
Sumitomo Mitsui Trust Bank to take initial 2.77 percent stake in Reliance Capital -2.77 percent stake amounts to Rs 371 crore (USD 58.4 Million) through preferential allotment
Investment at Rs 530/share (Last trading price = Rs 497, a premium of 6.5 percent over Wednesday’s close)
Company to establish New Bank in India with support of Sumitomo Mitsui Trust Bank as strategic partner as and when RBI policy permits
Real Time News & Trading Trends Keep Liking #EpicResearch
Facebook – Twitter – YouTube – Pinterest –Linkedin – Google+
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
