Aditya Birla Capital’s wholly owned subsidiary- Aditya Birla ARC has received in-Principle approval from the Reserve Bank of India (RBI), to set up an Asset Reconstruction Company (ARC).
Aditya Birla Capital is one of the largest financial services players in India. The compnay is a part of the Aditya Birla Group, a USD 40 billion Indian multinational in the league of Fortune 500.