On August 5, 2020, Reliance Home Finance Limited announced a current default of term loan of amount (break-up of principal and interest) with a principal of INR 666.70 million and interest of INR 0.9 million. Date of default was July 5, 2020. Principal amount is INR 2,000 million, with a tenure of 5 years and interest rate of 9.70% per annum, secured.