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Reliance Money is a part of the Reliance Anil Dhirubhai Ambani Group and promoted by Reliance Capital, the fastest growing private sector financial services company in India, ranked amongst the top three private sector financial services and banking companies in terms of net worth. Reliance Capital's current valuation is $4 bn. Reliance Money, the broking and distribution arm of Reliance Capital, provides a single window platform for transacting in a wide range of asset classes, including equity, equity and commodity derivatives, IPOs, mutual funds, life and general insurance, money changing and money transfer and gold coins, amongst others.
Reliance Money has established its presence in India and Dubai. In India it is present in both retail and institutional segment with a strong presence in over 700 plus locations with 1,500 franchisee network and 3,000 plus outlets. Reliance Money understands that the success of its model is based on the availability of their financial products and services to the common man across India. It has now expanded its reach in the market with their bouquet of financial products and services by forming alliances with organizations like Barista, Valcambi, CMC, DTDC, Rural Relations, STIC Travel Group and many more to follow. Through these tie-ups Reliance Money plans to install its transaction kiosks at about 10,000 outlets throughout India by the end of this financial year. |
