RBI OKs Burman family’s open offer for Religare

December 10, 2024

The Reserve Bank of India (RBI) has approved the Burman family’s plan to acquire an additional 26% stake in Religare Enterprises. This follows a tussle for control of the NBFC. The RBI’s approval, valid for one year, comes with conditions, including maintaining the current management structure and requiring consolidation of NBFCs within the Burman group by March 31, 2026.

More To Explore

India, Canada aim to conclude CEPA trade pact by end-2026: MEA

India and Canada are working to finalize their economic partnership agreement. Negotiations for the Comprehensive Economic Partnership Agreement are progressing well. Both nations aim to

August 2, 2026

Govt’s urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals

The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship

August 2, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003