BWI: Religare Health Insurance gets R2 Approval

Press release from Business Wire India
Source: Religare Enterprises Limited
Thursday, April 19, 2012 10:50 AM IST (05:20 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Healthcare, biotechnology & pharmaceutical, Stock exchanges; Healthcare
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Religare Health Insurance gets R2 Approval


New Delhi, Delhi, India, Thursday, April 19, 2012 -- (Business Wire India) -- Religare Health Insurance Company Limited (RHICL) has received the R2 license from the Insurance Regulatory Development Authority (IRDA).

Commenting on the development, Anuj Gulati, MD & CEO, Religare Health Insurance said, "We are pleased to move a step closer to launching our operations, and are in a complete state of preparedness for the same"

The shareholders of RHICL are Religare Enterprises Limited, Union Bank of India and Corporation Bank.

About Religare Enterprises Limited: (www.religare.in)

Religare Enterprises Limited (REL) is a leading emerging markets financial services group anchored in India.

In India, we offer a wide array of services including broking, insurance, asset management, lending solutions, investment banking and wealth management. With a network of over 2,200 business centres across 550 plus locations, and more than a million clients, REL enjoys a dominant presence in the Indian financial services space.

We have also built an Asia & emerging markets focused Institutional equities & Investment Banking business and a multi-boutique global asset management platform to tap the broader opportunities offered by the most promising emerging markets around the world.


CONTACT DETAILS
Subhrangshu Neogi, Director- Brand & Corporate Communications, Religare Enterprises Limited, +91 (11) 39126165/ +91 9910993925, mediarelations@religare.in
Shagun Sabharwal, Brand & Corporate Communications, Religare Enterprises Limited, +91 (11) 39126189/ +91 9958620707, mediarelations@religare.in
Ashish Jalan, Concept PR, +91 9320058138, ashish@conceptindia.com
B N Kumar, Concept PR, +91 9820128332, bnk@conceptpr.com
Anilkumar Yadav, Concept PR, +91 9769808828/ +91 9869632008, anil@conceptpr.com

KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, HEALTHCARE, STOCK EXCHANGES, HEALTHCARE

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