In response to RBI regulations, Aditya Birla Finance is set to merge with its listed parent company. This strategic move aims to align with the central bank's guidelines, which mandate that non-banking financial companies (NBFCs) with assets over ₹50,000 crore must operate as a holding company with a core investment company structure.
By merging with its listed parent, Aditya Birla Finance seeks to streamline its operations and meet regulatory requirements effectively.