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Religare Enterprises To Write-Off Rs 794 Crore

Religare Enterprises To Write-Off Rs 794 Crore
New Delhi: Religare Enterprises Ltd today said its subsidiary will write-off a total of Rs 793.67 crore on account of non-receipt of dues. "The board of directors of Religare Finvest Ltd (RFL), a material subsidiary company, has considered and approved one-time write-off of entire amount of Rs 519.92 crore in the profit and loss account pursuant to non-receipt of dues towards assignment of certain loan accounts by RFL," Religare Ent...
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