The deal would help Coffee Day Enterprises Ltd (CDEL) pare its debt of nearly Rs 5,000 crore.
The former billionaire's RCom itself fell back into bankruptcy earlier this year.
The payments were made ahead of the September 30 deadline that the Essel Group promoters made to the mutual funds to pay off the debt.
The bankruptcy tribunal will consider putting Reliance Naval & Engineering Ltd. in bankruptcy on Wednesday.
FPIs withdrew amount of Rs 17,592.28 crore from equities and pumped in a net sum of Rs 11,672.26 crore in debt segment.
The funds invested 7.1 per cent of their assets in commercial papers from NBFCs and 6.9 per cent in bonds last month, the data showed.
Reliance will induct leading global partners in (telecom arm) Jio and Reliance Retail in the next few quarters.
DBS Bank suggested hiking the cap on foreign funds' investment in domestic debt is a better option.
The lenders of three group entities have a debt burden of Rs 5,071 crore.
The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.