How many loans does Anil Ambani have?

The total debt, including interest, stood at Rs 19,805.7 crore on August 31, 2020. Reliance Capital Ltd (RCL), part of Anil Ambani-promoted Reliance Group, has said the total outstanding debt rose to Rs 20,379.71 crore at the end of December 2020.

How much debt does Anil Ambani owe?

Anil Ambani’s Reliance debt rises to Rs 20,380 crore; owes money to HDFC, Axis bank. The total debt, including interest, stood at Rs 19,805.7 crore on August 31, 2020.

What happened to Anil Ambani’s net worth?

The downfall of Anil Ambani: $42 billion net worth to zero in 12 years As of December 31, 2019, Anil Ambani’s telecom, naval, infrastructure, and power businesses have defaulted on loans worth over Rs 43,800 crore. Money Corporate Tuesday, February 11, 2020 – 13:11 Shilpa S Ranipeta Follow @Shilparanipeta

Is Anil Ambani’s reliance drowning in debts?

After taking over the telecom, power generation, financial services businesses post the Ambani brothers split, all of Anil’s businesses are drowning in debts, with some of them landing in the bankruptcy court. As of June 2019, the total market capitalisation of the six group companies of Anil Ambani’s Reliance Group stood at Rs 6,196 crore.

Can Ambani make Reliance Infrastructure debt-free by 2021?

Anil Ambani has made a plan to make Reliance Infrastructure debt-free by the financial year 2021. They said that Reliance Infrastructure has a debt of ₹6000 crores while the company’s net worth is ₹11000 crore and assets of ₹65000 crores.

Are the Ambani brothers the richest Indian billionaires?

Prior to the patriarch’s death, the Ambani brothers served as executives at their father’s company. Three years after their father’s passing, the dispute was settled by splitting the empire into two, vaulting both Ambanis among the ranks of India’s wealthiest businessmen.