Buy Axis Bank, target price Rs 1010 : Religare BrokingLooks strong among the private banking majors. Formed a fresh base at 100 EMA. Rebound likely.
22 Aug, 2023, 09.46 AM IST
Buy Canara Bank, target price Rs 358: Religare BrokingCanara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 60238.20 Crore).
11 Jul, 2023, 10.45 AM IST
Religare Finvest signs settlement agreement with all its lenders for OTSRFL, an NBFC arm of Religare Enterprises Ltd, owed about Rs 5,300 crore to the consortium of lenders led by the State Bank of India (SBI). ...
30 Dec, 2022, 05.26 PM IST
Religare Enterprises shoots up 10% as lenders to subsidiary to mull loan settlement proposalReligare’s share price shot up to a high of Rs 135.05 as against Rs 122.50 at the previous close on the BSE.On Tuesday, Religare and Religa...
02 Jun, 2022, 10.37 AM IST
Lenders to consider loan settlement proposal of RFL: ReligareRFL has received a communication dated May 31, 2022 from its lead lender informing that in a meeting held on May 20, 2022, lenders have in ...
01 Jun, 2022, 08.35 PM IST
Religare Finvest offers to pay Rs 2,300 crore to lenders in bid to avert bankruptcyLenders have repeatedly rejected proposals to restructure the distressed finance company's debt and, in February, requested the Reserve Ban...
30 May, 2022, 10.14 AM IST
Religare Enterprises skids 3% as arm defaults on interest paymentsRFL, a subsidiary of Religare Enterprises Ltd (REL), was put under the Corrective Action Plan (CAP) by the Reserve Bank of India in January...
28 Feb, 2022, 10.12 AM IST
RBI rejects Religare Finvest's proposal to rename itselfAs per the RBI's regulations, lenders cannot restructure loans of borrowers tagged as fraud, unless there is a change in management. Lender...
23 Dec, 2021, 07.11 AM IST
Religare Finvest debt recast at final stages; NBFC to reboot in JanuaryWith debt recast at final stages, Religare Finvest Ltd (RFL) is all set to restart its business come new year 2022, Religare Enterprises Lt...
28 Nov, 2021, 03.12 PM IST
Expect Religare Finvest's debt restructuring to be over in 2 months, says officialThe earlier DR plan was rejected by the Reserve Bank of India (RBI) in March 2020 as the suitor--TCG Advisory Pvt. Ltd, a part of The Chatt...
18 Apr, 2021, 03.27 PM IST
Religare gets interest from some investors for RFL; introduces them to lendersAccording to banking sources, Religare Enterprises introduced a couple of investors for RFL to lenders in a meeting with bankers held recen...
25 Oct, 2020, 04.18 PM IST
Religare approaches exchanges for declassifying Singh brothers as promotersThe decision got delayed after changes in norms by Sebi wherein stock exchanges were authorised to take a call on declassification of promo...
15 Oct, 2020, 05.47 PM IST
Worst is behind, likely to complete RFL debt restructuring by December: Religare Enterprises chairpersonRFL, a NBFC arm of Religare Enterprises Ltd, has been barred from undertaking fresh business as it is under corrective action plan (CAP) of...
04 Oct, 2020, 01.32 PM IST
Religare to sell NBFC arm to TCG Advisory for Rs 330 croreThe funds will be utilised to repay the outstanding loans to group companies.
02 Oct, 2019, 07.19 PM IST
Religare Finvest skips April installment to banks; proposes debt resolution planThe Religare group company has been going through difficult times in the recent past on account of mismanagement and misappropriation of fu...
08 May, 2019, 08.17 PM IST
As Lok Sabha clears key bill, Bank licence aspirants including Reliance and Religare gear up for entryCorporate entities interested in setting up new banks, like Reliance & Religare, have begun doing the groundwork after a key Bill was passe...
19 Dec, 2012, 06.17 PM IST
- Finance ministry okays norms for new bank licences, with FDI rider
The finance ministry has cleared the RBIs draft guidelines on new bank licences with a rider that the existing 74% cap on FDI be retained.
28 May, 2011, 03.00 AM IST