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Areion seeks RBI approval for Rs 936 crore Aviom takeover

As reported by Stocks-Markets-Economic Times
Areion Group is seeking Reserve Bank of India approval for its acquisition of Aviom India Housing Finance. The deal, valued at ₹936 crore, is undergoing rigorous review. The RBI will closely examine the source of funds and Areion Group's governance. This assessment ensures the acquisition is backed by legitimate capital.
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Areion Group is seeking Reserve Bank of India approval for its ₹936 crore acquisition of Aviom India Housing Finance. The RBI is conducting a rigorous review, focusing on the source of funds and Areion Group's governance to ensure legitimate capital backs the deal.

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