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Religare Enterprises receives COR to function as CIC-ND-SI from RBI

18 Jun 2014 Evaluate

Religare Enterprises, pursuant to its application, has received certificate of registration (COR) from Reserve Bank of India (RBI), permitting the company to carry on the business as a Core Investment Company-Non-Deposit Taking-Systemically Important (CIC-ND-SI) under Section 45-IA of the Reserve Bank of India Act, 1934.

Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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