Religare Enterprises has received an approval for raising of funds up to Rs 500 crore by way of issuance of Non-Convertible Debentures (NCDs) on private placement basis. The Board of Directors of the company at their meeting held on August 10, 2017 has approved the same.
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.