After RInfra and RPower, lenders to rejig debt of 2 more Anil Ambani firms

After the inter-creditor agreements (ICAs) of Reliance Infrastructure (RInfra) and Reliance Power (RPower) last week, two more companies from the Anil Ambani group — Reliance Home Finance and Reliance Commercial Finance — are at an advanced stage to close ICA with their respective lenders, said sources. 

The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders. 

Last week, RInfra and RPower informed the stock exchanges that their lenders had entered into an ICA with lenders,