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RIL Receives RBI Approval to Retain Extra $2 Billion from Lenders

RIL Receives RBI Approval to Retain Extra $2 Billion from Lenders

Reliance Industries Limited, India’s largest conglomerate, has been granted approval by the RBI to retain an additional $2 billion from its lenders. This move by the RBI comes as a significant boost to RIL’s financial flexibility and underscores the company’s strong position in the Indian market. The approval allows RIL to retain the surplus funds…