Business Standard

Want to become a 360 degree financial services company: Religare's Saluja

"These are to get into asset reconstruction business, alternative investment fund business, wealth management and similar synergistic business, which the existing management can start"

Rashmi Saluja
Premium

Rashmi Saluja

Manojit Saha
Rashmi Saluja, executive chairman, Religare Enterprises (REL), talks about the company’s growth with Manojit Saha. Its wholly-owned subsidiary Religare Finvest (RFL) has completed its one-time-settlement (OTS) with 16 lenders by making a full and final payment of Rs 400 crore. Edited excerpts:

Now that all the dues are paid to the lenders, what are your growth plans?

The OTS has been a long journey, almost four years. During these four years, when things were progressing, we already planned the way forward for Religare Enterprises, and its subsidiaries. Religare Enterprises is a core investment company (CIC) and it is investing in

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 20 2023 | 10:04 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com