Reliance Jio raises $214m via private placement of NCDs

Reliance Jio. Photo: Livemint

As many as 22 mutual funds took part in Reliance Jio Infocomm Ltd’s (RJio) latest fundraise of ₹1,500 crore ($214 million) through private placement of non-convertible debentures (NCDs), reported Mint, citing two people with knowledge of the development.

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