Religare Enterprises challenges tagging of RFL as fraud account by lenders

RBI in a communication dated February 11 advised that "restructuring of RFL cannot be implemented with REL continuing as a promoter, as RFL has been declared fraud exposure by lenders," REL said in a statement.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.