Moneycontrol
Last Updated : Mar 12, 2018 12:06 PM IST | Source: CNBC-TV18

AION Capital receives in-principle approval from RBI to form ARC: Sources

CNBC-TV18 learns from sources that Apollo Global led Aion Capital, a joint venture between ICICI Bank and Apollo Global management, has received Reserve Bank of India’s (RBI) approval to form an asset reconstruction company (ARC).

CNBC TV18 @moneycontrolcom

CNBC-TV18 learns from sources that Apollo Global led Aion Capital, a joint venture between ICICI Bank and Apollo Global management, has received Reserve Bank of India’s (RBI) approval to form an asset reconstruction company (ARC).

Watch accompanying video of CNBC-TV18’s Priya Sheth for more details.
First Published on Mar 12, 2018 11:59 am
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