Religare Enterprises Limited has informed the Exchange regarding ''. General Updates
RELIGARE · price
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Religare Finvest Limited (RFL), a material subsidiary of Religare Enterprises, has appointed Mr. Srinivasan Karthik as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) effective May 05, 2026. He has also been appointed as Additional Director (designated as Managing Director & CEO) of RFL, subject to approval from RBI and RFL shareholders. Mr. Karthik brings over 30 years of experience in financial services, having previously led Consumer Finance and Asset Finance portfolios at HDB Financial Services for a decade, and has also worked at Intelenet Global Services and SERCO. He holds a B.Tech from IIT Delhi and PGDM from IIM Bangalore.
The appointment of an experienced leader at the material subsidiary level could signal stronger execution capability in the financial services business. However, the Managing Director role is pending RBI approval, which is a standard regulatory requirement for NBFC leadership.