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Tag: RBI

  • RBI rejects Religare Finvest’s proposal to rename itself

    The Reserve Bank of India rejected Religare Finvest Ltd’s proposal to rename itself Care Financial Services and declined to new management status to the existing management – a move that would derail debt restructuring of the finance company, said people aware of the matter. As per the RBI’s regulations, lenders cannot restructure loans of borrowers […]

    December 23, 2021

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