No plan to unbundle AMC, life insurance, housing finance, NBFC biz in near future: Kumar Manglam Birla - News Summed Up

No plan to unbundle AMC, life insurance, housing finance, NBFC biz in near future: Kumar Manglam Birla


In terms of the significance the financial services business, after this listing that we have touched a group market cap of $50 billion and actually crossed that. For example, a similar kind of growth rate you cannot see that in a cement or an aluminium or even retail. We will take our time and I think obviously people recognise this to be a very high quality asset like I said earlier. There could be some verticals where you see consolidation happening like we saw an attempt to consolidate in the life insurance space. It will have to be a more vertical by vertical story.


Source: Economic Times September 02, 2017 08:03 UTC



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