Tuesday, September 27, 2011

Reliance BANK ? Buy and Hold RCOM, tgt 84.90, 89.90 & plus

Reliance Anil Dhirubhai Group’s financial services arm Reliance Capital will explore all possible opportunities to enter the banking sector, Anil Ambani said today. The banking entity of the group could be called Reliance Bank, Ambani told the shareholders of Reliance Capital.

Speaking at the Annual General Meeting of the company here, Ambani, the Chairman of Reliance Capital, said growth has so far been achieved mostly through the organic route.

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