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Reserve Bank cancels Sahara's NBFC licence

The Reserve Bank of India on Monday said it had cancelled the licence of Sahara India Financial Corporation Ltd, the Sahara group’s non-banking financial company, effective September 3. In......

Sahara lands in another mess

Facing tough times in its attempt to get its chief Subrata Roy out of jail, Sahara Group on Tuesday landed in a soup again as the Supreme Court asked it to explain  how it encashed securities,......

Sebi-Sahara row: RBI moves SC to stop asset sale

In a fresh turn of events in the Sahara case, the Reserve Bank on Friday moved the Supreme Court seeking to implead itself as a party in the company's tussle with Sebi and sought to stop one......

Sahara to wind up parabanking by Dec

In the largest repayment offer of its kind, Sahara India Financial Corp (SIFCL), the parabanking arm of Sahara India Pariwar, has committed to repay all its 19 million-plus depositors by December......

Normalcy returns to Sahara HQ

Normalcy returned to the Sahara premises in Lucknow. The residuary NBFC saw the Supreme Court's direction to Sahara India Financial Corporationto approach the designated RBI authority in a positive......

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