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Religare Enterprises up 8% on investment from US-based bank

Last Updated: Thursday, June 27, 2013, 12:21

Shares of the financial services company opened the day on a positive note and further jumped 7.74 percent to Rs 366 on the BSE.

Customers Bancorp to buy 6% stake in Religare for $51 mn

Last Updated: Wednesday, June 26, 2013, 22:12

Financial service provider Religare Enterprises Ltd Wednesday said Customers Bancorp Inc of USA has agreed to pick up 6 percent stake in the Delhi based banking aspirant for USD 51 million (about Rs 300 crore).

Religare promoters to sell 22.75% stake to meet banking rules

Last Updated: Tuesday, June 18, 2013, 15:52

At the current value, the 22.75 percent stake proposed to be sold would be worth about Rs 1,100 crore.

Religare narrows Q3 loss, appoints IFC official on board

Last Updated: Thursday, January 24, 2013, 22:05

Financial services major Religare Enterprises trimmed its losses to Rs 7.78 crore on standalone basis for the quarter ended December 2012 from Rs 58.01 crore a year earlier.

IFC open to partner Religare in proposed banking foray

Last Updated: Thursday, December 06, 2012, 16:53

The International Finance Corporation (IFC), part of the World Bank Group, on Thursday said it is open to the idea of partnering with Religare Enterprises in its proposed banking foray.

Religare to sell 49% stake in MF arm for about Rs 1,000 cr

Last Updated: Thursday, September 27, 2012, 18:29

Without disclosing the deal value, Religare Enterprises said in a statement that Atlanta-based Invesco has entered into a definitive agreement to acquire 49 percent interest in Religare Asset Management Company (RAMC).

Religare Finvest hopes 18-20% loan growth in FY13

Last Updated: Tuesday, September 11, 2012, 18:31

Religare Finvest reported a net profit of Rs 137.8 crore in the last financial year and its loan book stood at Rs 12,573.5 crore.

Religare plans to raise Rs 500 cr through NCDs

Last Updated: Tuesday, August 28, 2012, 20:22

Religare Finvest, a wholly-owned NBFC subsidiary of Religare Enterprises, on Tuesday said it is planning to raise up to Rs 500 crore through retail issuance of non-convertible debentures (NCDs) to support its financing activities.

Religare gets R2 license for health insurance biz

Last Updated: Thursday, April 19, 2012, 16:03

Religare Health Insurance is a joint venture between Religare Enterprises, Union Bank of India and Corporation Bank.

Religare Finvest to sell 5% stake to PE firm for Rs 200 cr

Last Updated: Thursday, December 29, 2011, 18:13

Private equity firm Jacob Ballas (rpt) Ballas may acquire a five percent stake in Religare Finvest, a non-banking financial services arm of Religare Enterprises, for about Rs 200 crore.

Religare forms panel to boost efforts for banking foray

Last Updated: Tuesday, August 30, 2011, 23:10

Financial services provider Religare Enterprises Tuesday said it has set up an advisory panel that would help it in foraying into the banking sector.