Religare Enterprises’ arm - Religare Finvest (RFL) will raise Rs 1,425 crore through Non-Convertible Debentures (NCDs). The company will launch the issue on May 18 and it can raise the amount in one or more tranches.
RFL, a subsidiary of Religare Enterprises, is a Small and Medium Enterprise (SME) financing focused Non-Banking Financial Company (NBFC). It also provides loan against marketable securities.
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.
