 "Anil Ambani")
The Reserve Bank of India (RBI) will be taking the final call on BSE-listed Authum Investment and Infrastructure Ltd plans to take over two key companies of Anil Ambani group, Reliance Commercial Finance and Reliance Home Finance Ltd. With a market cap of Rs 2,000 crore, Authum Investment, hitherto unknown in the market circles, plans to diversify into all financial sector businesses to become a large player, an Authum Investment official said
Bankers said the final call on whether Authum meets the regulator’s “fit and proper” criteria lies with the RBI and they have taken followed the due process while
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