ALPHA TRIBE

Religare Enterprises LimitedImportant, 23-07-2025: General Updates

23-07-2025 | 06:07 pm

Religare Enterprises' wholly-owned subsidiary, Religare Finvest Limited (RFL), is no longer under the Reserve Bank of India's Corrective Action Plan (CAP). The RBI has withdrawn the CAP conditions with immediate effect, noting RFL's compliance and management changes. This move significantly enhances RFL's operational flexibility and potential for growth. For Religare Enterprises, this development signals improved regulatory standing and could positively impact its overall business outlook and financial stability.

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