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Religare Finvest cleared of RBI curbs

Mint Ahmedabad

|

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Religare Enterprises Ltd (REL) on Wednesday said the Reserve Bank of India (RBI) has withdrawn the conditions imposed under corrective action plan (CAP) on debt-ridden Religare Finvest Ltd (RFL) with immediate effect.

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.

FLERE HISTORIER FRA Mint Ahmedabad

Mint Ahmedabad

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Festive cheer: Govt hikes DA, crop prices in ₹1.2 trillion push

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Rupee recovers 9p; closes at 88.71/dollar

The rupee recovered 9 paise from its all-time closing low to settle at 88.71 against US dollar on Wednesday, as the central bank in its monetary policy decision announced a host of measures to support exporters and bring stability to the domestic unit.

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Mint Ahmedabad

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Festive demand, tax cut power India's auto sales in September

keting head Partho Banerjee said.

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New Income Tax Act hasn't simplified tax: CA Prakash Hegde

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Pocket FM to raise $150 million

The firm has appointed Goldman Sachs to raise the funds it will use for global expansion, stronger technology

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No rate cut, but RBI to relax norms

The RBI may also relax some of the restrictions on operating so-called transaction accounts— current accounts, cash credit accounts and overdraft accounts.

time to read

2 mins

October 02, 2025

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