RBI rejects Religare's demerger proposal, halting plans to separate lending and financial services from its insurance business.

The Reserve Bank of India has rejected Religare Enterprises' proposed demerger plan. Stock exchanges had previously given their no-objection to the company's restructuring…

Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received official communication regarding the rejection on August 6, 2026. …