 "Religare")
The auditors of Religare Enterprises have issued a qualified opinion on results for the financial year ending March 2017. Price Waterhouse highlighted directions from the Reserve Bank of India (RBI) in January over the corporate loan portfolio of Religare Finvest Ltd (RFL), the company’s non-banking financial company (NBFC) arm.
The auditors also emphasised a matter of communication with markets regulator Securities and Exchange Board of India (Sebi). The qualified opinion and the emphasis was part of the results approved by the board on Thursday.
The financial services firm, promoted by billionaire brothers Malvinder Mohan Singh and Shivinder Mohan
The auditors also emphasised a matter of communication with markets regulator Securities and Exchange Board of India (Sebi). The qualified opinion and the emphasis was part of the results approved by the board on Thursday.
The financial services firm, promoted by billionaire brothers Malvinder Mohan Singh and Shivinder Mohan
