Breaking News
Thursday , August 17 2017
Home / Tag Archives: Aditya Birla Group

Tag Archives: Aditya Birla Group

Grasim Industries gets nod to raise FDI limit to 49%

Grasim Industries has received an approval from the Reserve Bank of India to raise foreign shareholding to 49 per cent from the existing limit of 30 per cent under the portfolio investment scheme (PIS). The company has passed necessary resolution at the board of directors’ level and also a special ... Read More »

Aditya Birla Idea Payments Bank gets RBI license for payments bank business in India

Reserve Bank of India (RBI) has granted license to Aditya Birla Idea Payments Bank, a 51:49 joint venture (JV) between Aditya Birla Nuvo (ABNL) and Idea Cellular, to carry out business of payments bank in India. Payments banks are allowed to accept deposits and open current and savings accounts, but ... Read More »