Reliance Group paid Rs 35,000 cr to lenders in 14 months: Anil Ambani

He blamed regulatory bodies and courts for delaying verdicts which had held up Rs 30,000 cr in payments to the group

Reliance Group Chairman Anil Ambani on Tuesday said his group has paid Rs 35,000 crore in the 14 months from April 1, 2018 till May 31, this year to lenders. These payments comprise principal repayments of Rs 24,800 crore and interest payments of Rs 10,600 crore. The group raised funds by selling assets, he said.

Ambani said this amount included debt servicing payments by Reliance Capital, Reliance Power and Reliance Infrastructure, and their respective affiliates. "These payments have been made in the face of insurmountable odds and the most challenging financial environment witnessed in the country in decades,” Ambani said