Religare Enterprises has received approval from investment and borrowing committee of board of directors of the company to raise funds for an amount upto Rs 500 crore through issue of Unsecured Unlisted Non-Convertible Debentures (NCDs) on private placement basis.
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.