In continuation to the earlier clarification wherein Reliance Capital Ltd had stated that the Company is constantly exploring various strategic partnerships, which may or may not necessarily result into transactions.<br/><br/>Further to the clarification sought by the exchange, Reliance Capital Ltd has now informed as under:<br/><br/>"As regards your specific query on Sumitomo Mitsui, we have been engaged in discussions with that Company for over a year, in relation to various initiatives in banking, etc. These discussions are only indicative, exploratory, and non-binding in nature. If and when these discussions result in binding commercial agreements leading to a disclosable event, we will promptly inform the Stock Exchanges as required in law."
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