The second round of auction regarding Reliance Capital’s asset has been set.

Reliance Capital’s assets are set to be auctioned for a second round on March 20, with a minimum upfront cash amount of Rs 9,000 crore required for interested bidders.

The Hinduja group and Torrent are among the prospective bidders.

They must provide a minimum upfront cash amount of Rs. 8,000 crore to participate in the auction.