Aditya Birla Group

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The payments bank, in which group companies Idea Cellular and Aditya Birla Nuvo own 51% and 49%, respectively, will use the money to expand its Aoperations.
ABRL, the operator of More supermarkets, reported a 20% increase in FY17 sales to Rs 4,194 crore, with net loss narrowing to Rs 644 Cr.
The trend of payments bank was first started by telecom major Bharti Airtel in November 2016 and the Aditya Birla group-promoted firm is the latest to join the bandwagon.
 
 
 
 
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