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November 26, 2015 10:37 PM ET

Consumer Finance

Company Overview of Religare Finvest Limited

Company Overview

Religare Finvest Limited, a non-banking finance company, provides various financing products and services for retail, and small and medium enterprise customers in India. The company offers loans against residential or commercial properties; secured and unsecured working capital loans; and commercial asset loans comprising commercial vehicle loans, construction equipment loans, and corporate leasing. It also provides loans against securities, including shares, bonds, mutual funds, and other marketable securities; employee stock option plan financing; IPO financing; and promoter funding products and services. Religare Finvest Limited was formerly known as Fortis Finvest Limited and changed its...

D3, P3B, District Centre


New Delhi,  110017


Founded in 1995

1,018 Employees

Key Executives for Religare Finvest Limited

Chief Executive Officer, Managing Director, Director, Member of Loan/Investment & Borrowing Committee, Member of Asset-Liability Committee, Member of Risk Management Committee and Member of Share Allotment Committee
Age: 44
President and Chief Operating Officer
President, Chief Risk Officer, Member of Asset-Liability Committee and Member of Risk Management Committee
President, Chief Financial Officer and Member of Asset-Liability Committee
Age: 47
Director, Member of Risk Management Committee, Member of Loan/Investment & Borrowing Committee, Member of Audit Committee, Member of Asset-Liability Committee, Member of Share Allotment Committee and President of Religare Enterprises Limited
Age: 46
Compensation as of Fiscal Year 2015.

Religare Finvest Limited Key Developments

Religare Finvest Limited Announces Resignation of Achal Ghai from the Board

Religare Finvest Limited announced that the Board of Directors of the Company at its meeting held on October 28, 2015, took note of the resignation of Mr. Achal Ghai from the Board of the Company with effect from September 30, 2015.

Religare Finvest Ltd. Announces Redeemable Subordinated Non-Convertible Debentures

Religare Finvest Ltd. announced that the company will open the issue of Series 53 Unsecured Rated Listed Redeemable Subordinated Non-convertible Debentures of INR 1,000,000 each for cash at par for an issue size up to INR 1,000 million on Private Placement basis of Religare Finvest Limited on September 30, 2015.

Religare Finvest Limited Announces Earnings Results for the Second Quarter Ended September 30, 2015

Religare Finvest Limited announced earnings results for the second quarter ended September 30, 2015. For the quarter, the company reported total income of INR 6,204 million against INR 5,268 million a year ago. PBT was INR 961 million against INR 1,036 million a year ago. PAT was INR 637 million against INR 679 million a year ago.

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