Religare Enterprises Ltd. Chairman S Lakshminarayanan Resigned

Religare Chairman, Director Resign As Lending Arm Faces RBI Scrutiny

Religare Enterprises Ltd.’s executive chairman S Lakshminarayanan and independent director Kishori Udeshi have decided to quit barely two months into the job as the central bank raised questions about some borrowers of its non-bank lending arm, two people aware of the development told BloombergQuint.

Name: S Lakshminarayanan

Continent: Asia

Country: India

Company: Religare Enterprises Ltd.

Position: Chairman

Reason: Resigned

Announcement Date: January 09, 2018, 11:00pm

Resignation Date: January 09, 2018, 11:00pm

Source 1: https://www.bloombergquint.com/business/2018/01/10/religare-chairman-director-resign-as-lending-arm-faces-rbi-scrutiny