Jun 26, 2013, 09.36 PM IST
CNBC-TV18 reports that Aditya Birla Nuvo has entered the race for receiveing a banking licence after its board approved the decision to submit an application to RBI.
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Aditya Birla Nuvo enters race for banking licence
CNBC-TV18 reports that Aditya Birla Nuvo has entered the race for receiveing a banking licence after its board approved the decision to submit an application to RBI.
Like this story, share it with millions of investors on M3
Aditya Birla Nuvo enters race for banking licence
CNBC-TV18 reports that Aditya Birla Nuvo has entered the race for receiveing a banking licence after its board approved the decision to submit an application to RBI.
I think the guidelines are very clear. I don't think they discriminate against large business houses
Kumar Mangalam Birla
Chairman
Ultratech
Also Read: Magma Fincorp to apply for a banking licence
Speaking to CNBC-TV18, Aditya Birla Group chairman Kumar Managalam Birla said he was happy with the RBI guidelines and added that they do not discriminate against large business houses.
"No, I think the guidelines are very clear. I don't think they discriminate against large business houses. So we're very happy with the way the guidelines have been put across," he said.
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