If the Aditya Birla Group gets license from the Reserve Bank of India (RBI) to set up banking business, the Group is ready to pump in Rs 750 crore more into its financial business in 2014 fiscal. The company's officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
Tag: Aditya Birla Group
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Integral leadership
Sumant Sinha is the Chairman and CEO of ReNew Power. He brings his vast experience in the Indian renewable eneĂÂrgy space, international finance, comĂÂbined with unique operating experience to the firm. Prior to setting up ReNew Power, Sumant was the Chief Operating Officer (COO) of Suzlon Energy. Sumant was responsible for refinancing SuzlonĂâs entire outstanding debt worth $3 billion, raised an additional $800 million and restructured $500 million worth of foreign convertible bonds in an extremel
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Expressways can't be built without corporate bonds
Overdependence on bank funding of infrastructure will put unreasonable pressure on those financial institutions.
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