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EXPLAINED: Rbi rejects religares proposal for demerger - The Real Truth

REL RBI Regulator Religare Enterprises Reserve Bank

New Delhi: Religare Enterprises on Friday said the Reserve Bank has rejected its demerger proposal even as it received a nod from the exchanges.

The company has received a letter dated August 6, 2026, from the RBI, conveying that the application has been examined and that the request has not been acceded to, Religare Enterprises said in a regulatory filing.

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