Fitch withdraws Reliance Capital ratings

NEW DELHI: Fitch connected Friday said it has withdrawn the ratings connected Reliance Capital arsenic the institution has decided to halt participating successful the agency's standing process.

"The ratings person been withdrawn arsenic Reliance Capital has chosen to halt participating successful the standing process. Therefore, Fitch volition nary longer person capable accusation to supply ratings oregon analytical sum of Reliance Capital," Fitch Ratings said successful a statement.

A starring fiscal services institution Reliance Capital, an Anil Ambani radical firm, has interests successful divers areas including plus management, communal funds, portfolio absorption services, beingness and wide insurance.