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Religare Finvest cleared of RBI curbs
Mint Bangalore
|July 24, 2025
Religare Enterprises Ltd (REL) on Wednesday said the Reserve Bank of India (RBI) has withdrawn the conditions imposed under corrective action plan (CAP) on debt-ridden Religare Finvest Ltd (RFL) with immediate effect.
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The RBI had imposed CAP on RFL, a subsidiary of REL, in January 2018 due to the irregularities observed during the inspection for its position as on 31 March 2017.
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