The Reserve Financial institution of India on Wednesday introduced that it has withdrawn the Corrective Motion Plan (CAP) imposed on Religare Enterprises' wholly-owned subsidiary, Religare Finvest Restricted (RFL), with rapid impact from July 23, 2025.
The CAP was initially imposed on January 18, 2018, on account of irregularities noticed throughout the inspection as of March 31, 2017.
The corporate is, nonetheless, suggested to be in compliance with all of the prudential necessities, mentioned the inventory alternate submitting of Religare Enterprises.
