The Hinduja family has sounded out global credit funds to raise up to $1 billion (about INR 82,000 million) to finance the potential acquisition of Reliance Capital Limited for which it is the favored bidder after lenders to the insolvent financial services company approved Hinduja's resolution plan, sources familiar with the matter told ET. The financing timeline could take between three and six months, depending on legal issues and court approvals for the acquisition, and the final list of financiers could change, sources said.