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Lower debt cost to boost profit in Q4: Reliance Cap

last updated on February 13, 2012 at 3:18 pm moneycontrol

Commenting on the results, Sam Ghosh, CEO of Reliance Capital said that profits were hit on a year-on-year basis on account of the higher interest rate regime. However, he pointed out that even as AUMs came down about 19%, they have been able to maintain their margin.

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