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Birla ready with Rs 750 cr for its banking biz entry

Birla ready with Rs 750 cr for its banking biz entry

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.