RBI withdraws Corrective Action Plan restrictions on Religare Finvest citing compliance and management changes ...

Reserve Bank of India (RBI) withdraws Corrective Action Plan (CAP) imposed on Religare Finvest Ltd. The decision follows compliance with CAP conditions and a change in company management.

The development is a crucial boost for Religare Enterprises as it seeks to revive its lending business and restore credibility in India's shadow banking sector after years of regulatory scrutiny.

Religare Enterprises on Wednesday said the Reserve Bank has withdrawn the conditions imposed under Corrective Action Plan (CAP) on debt-ridden Religare Finvest Ltd (RFL) with immediate effect ...

India is set to resume tourist visas for Chinese nationals after five years, while the Rajya Sabha will debate the Pahalgam ...

Q1 results Infosys, Coforge, Dr Reddy's Lab, Bajaj Housing Finance, Bikaji Foods, Tata Consumer Products among 58 companies ...