New Delhi, June 26: Shares of Reliance Capital Ltd rallied on Wednesday nearly 4 per cent after the Anil Ambani Group Company roped in SumitomoMitsui Trust Bank and Nippon Life Insurance as minority partners to boost its quest for banking licence.
Reliance Capital and its two Japanese partners, who have signed an MoU, will apply for a licence by July 1, the deadline set by the RBI, reports suggest.
