SBI removes ‘fraud’ tag from Religare Finvest

SBI removes ‘fraud’ tag from Religare Finvest
SBI removes ‘fraud’ tag from Religare Finvest

Mumbai: The State Bank of India (SBI) has formally removed the ‘fraud’ tag from Religare Finvest Ltd (RFL), following a Delhi High Court order from December, in a move that could pave the way for the non-bank financier to resume lending.

RFL, a wholly-owned subsidiary of Religare Enterprises Ltd…
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Source: https://www.livemint.com/companies/news/sbi-removes-fraud-tag-from-religare-finvest/amp-11706274657893.html