RBI rejects Religare's proposal for demerger
- Posted on August 7, 2026
- By Business News Today
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RBI rejects Religare's proposal for demerger
Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received official communication regarding the rejection on August 6, 2026. Religare Finvest Ltd also received a similar communication from the regulator. However, stock exchanges have provided their no objection and observation letters. The company will engage with the regulator for further clarifications.
