Q&A: Aditya Birla Nuvo
Mar 19, 2013
When politics get volatile, friends in banking help
An arm of Aditya Birla found that obtaining a loan amid political unrest was achieved thanks to a long-term relationship with its transaction banks.
Indian conglomerate Aditya Birla Group highlighted the importance of long-term transaction banking relationships, when it secured loans for an acquisition conducted by an affiliate based in Egypt, despite political turmoil there.
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