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Religare Finvest Limited (SME Loans)
Information by Research TrustFinance
Religare Finvest Limited (RFL) is a subsidiary of Religare Enterprises Limited, a diversified Indian financial services group. Established to address the financing needs of the SME sector, RFL offers a range of secured loan products, including loans against property and business expansion loans. Historically, the company has faced significant challenges due to alleged financial mismanagement by its former promoters, leading to it being placed under a Corrective Action Plan (CAP) by the Reserve Bank of India (RBI). The current management is focused on a revival plan through debt restructuring and recovery to stabilize operations and resume growth.
India
Industry
Financial