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Reliance Home Finance in exclusive talks with foreign entity over investment

Reliance Home Finance Ltd. is in exclusive talks with an overseas institutional investor over a potential investment into the Indian company.

The talks are subject to confirmatory due diligence, definitive documentation and necessary approvals, according to a Sept. 4 filing.

The company said there is no certainty a deal will come through, and that it will make further announcements in due course.

Reliance Home Finance is a unit of Reliance Capital Ltd.