The seven entities that received notices are -- Torus Buildcon, Artifice Properties, Rosestar Marketing, Oscar Investments, Ad Advertising,...

Lenders have repeatedly rejected proposals to restructure the distressed finance company's debt and, in February, requested the Reserve Ban...

Under the Insolvency and Bankruptcy Code (IBC) framework, only the RBI can refer a finance company for insolvency proceedings. Lenders are ...

RBI in a communication dated February 11 advised that "restructuring of RFL cannot be implemented with REL continuing as a promoter, as RFL...

As per the RBI's regulations, lenders cannot restructure loans of borrowers tagged as fraud, unless there is a change in management. Lender...

In its recent supplementary charge sheet filed against 19 entities, including three individuals and 16 companies, the EOW told the court th...

According to banking sources, Religare Enterprises introduced a couple of investors for RFL to lenders in a meeting with bankers held recen...

LVB had set off FDs of Rs 750 crore as recovery for loans given to the erstwhile promoters and their private entities without authorisation...

In its charge sheet that accused former Religare promoters Malvinder and Shivinder Singh of money laundering, the agency said it is in the ...

Any debt restructuring at Religare Finvest would be first among peers since the crisis started in 2018.

The Singh brothers and several others are in police remand, after they were arrested for alleged misappropriation of funds from Religare Fi...

Immigration authorities said Godhwani was slated to fly to the US.

Plea says a group of 19 companies allegedly linked to Singh brothers used to siphon off funds.

The banking regulator inspected bank accounts of the borrowers and, in nine instances, detected transfers of funds to related parties of Re...

The case pulls back the curtain on one of India’s highest profile corporate meltdowns, which erased nearly half a billion dollars of Religa...

Police belonging to Chandigarh on Thursday morning arrested former independent director on the board of ailing media house Deccan Chronicle...

Andhra Pradesh High Court on Thursday suspended the orders of Company Law Board that stayed proceedings against DCHL.