If the borrowing goes through, it would mark Reliance Industries’ return to the offshore market since 2023, when the group raised over $8 billion of loans. Those facilities, which were for the parent and subsidiary Reliance Jio Infocomm Ltd.

Mukesh Ambani's Reliance Industries is reportedly in talks with banks for a $3 billion loan to refinance $2.9 billion debt due in 2025. The move follows Reliance’s $8 billion offshore borrowing in 2023.

Billionaire Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of $3 billion. If this materialises, it could be the largest offshore loan from India in over a year.

The loan, which is anticipated to be syndicated to a wider market in early 2025, is currently being discussed by RIL with roughly six lenders.

India's Reliance Industries is in talks with banks for a loan of as much as $3 billion to refinance debt that is due next year, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Reliance Industries is seeking up to $3 billion in loans for refinancing as it aims to manage its debt obligations effectively. Read to know more!