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India's Reliance Capital calls auditor's observations 'baseless and unjustified'

India's Reliance Capital calls auditor's observations 'baseless and unjustified'

Reliance Capital Ltd said on Thursday the observations of PricewaterhouseCoopers (PwC) about its fiscal accounts were "completely baseless and unjustified", a day after the auditor withdrew from assessing the shadow bank's fiscal year 2018/19 accounts.