Religare Finvest Limited (RFL), a significant subsidiary of Religare Enterprises Limited, has recommenced its lending business. The company disbursed its first loan on November 06, 2026, following the removal of the Corrective Action Plan (CAP) imposed by the Reserve Bank of India. This marks a crucial step in RFL’s operational recovery and expansion.
Lending Business Restarted
Religare Enterprises Limited announced that its wholly-owned subsidiary, Religare Finvest Limited (RFL), has officially resumed its lending operations. The significant development occurred on November 06, 2026, with the disbursement of RFL’s inaugural loan. This reactivation of the lending business follows the successful removal of the Corrective Action Plan (CAP) that had been previously imposed by the Reserve Bank of India.
First Loan and Product Category
The first loan disbursed by RFL post CAP removal was under the Loan Against Property (LAP) product category. This loan was facilitated through RFL’s branch located in Khoda, Noida, Uttar Pradesh. The restart of lending activities signifies a positive operational turnaround for Religare Finvest Limited.
Source: BSE
