Saturday, May 4, 2013

Murugappa Group to take a call on foray into banking sector

Diversified business conglomerate Murugappa Group would take a call on its foray into banking services sector over the next couple of months, a top company official said today. "After the guidelines came from RBI, there were some issues relating to NOHC (Non-Operative Holding Company) and other regulations. We have actually sought some clarifications (from RBI),"............

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