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Religare Enterprises

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Lakshmi Vilas Bank may decide on proposed meVB

With a potential liability of Rs 750-800 crore, sources say Clix Capital’s stand on the matter would be crucial in finalising the merger valuation. Capital-starved Lakshmi Vilas Bank (LVB)......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly. The Delhi high court on Thursday granted......

ED arrests ex-Fortis promoter Shivinder Singh in RFL money laundering case

Manpreet Singh Suri of Religare Finvest has lodged a complaint against Shivinder and others accusing them of putting the company in poor condition by way of disbursing loans to those who did not......

ED arrests ex-Fortis promoter Malvinder Singh

Malvinder is accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act. The ED on Thursday arrested former Fortis Healthcare promoter Malvinder Singh......
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Net loss narrows to Rs 115 cr

Total income of the company rose a tad to Rs 640.18 crore in the July-September quarter of 2020-21 from Rs 635.18 crore in the same period of... ...

https://economictimes.indiatimes.com/markets/stocks/earnings/religare-enterprises-q2-net-loss-narrows-to-rs-115-cr/articleshow/79177799.cms
Lakshmi Vilas Bank may decide on proposed meVB

With a potential liability of Rs 750-800 crore, sources say Clix Capital’s stand on the matter would be crucial in finalising the merger... ...

http://www.rediff.com/money/report/lvb-may-decide-on-proposed-merger-with-clix-on-sat/20201106.htm
Religare gets interest from some investors for RFL; introduces them to lenders

According to banking sources, Religare Enterprises introduced a couple of investors for RFL to lenders in a meeting with bankers held recently. "We... ...

https://economictimes.indiatimes.com/industry/banking/finance/religare-gets-interest-from-some-investors-for-rfl-introduces-them-to-lenders/articleshow/78857719.cms
Will PNB acquire beleaguered Lakshmi Vilas Bank?

PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National... ...

http://www.rediff.com/money/report/will-pnb-acquire-beleaguered-lakshmi-vilas-bank/20201008.htm
Religare Enterprises chairperson

RFL, a NBFC arm of Religare Enterprises Ltd, has been barred from undertaking fresh business as it is under corrective action plan (CAP) of the... ...

https://economictimes.indiatimes.com/news/company/corporate-trends/worst-is-behind-likely-to-complete-rfl-debt-restructuring-by-december-religare-enterprises-chairperson/articleshow/78474324.cms

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