RBI issues NOC for Shriram Group companies merger - Moneycontrol


6/15/2022 12:00:00 AM2 years 10 months ago
by Devansh Sharma

The Board of Shriram Group on December 13 had approved the merger of its lending subsidiaries SCL and SCUF with STFC. The merged entity would be known as Shriram Finance.

The Reserve Bank of India (RBI) on June 15 granted its no-objection certificate to the merger scheme of Shriram Group companies, as per an exchange filing on June 16. We wish to inform you that Rese… [+836 chars]

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