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  • News From Press Consolidation is the way forward for the financial services biz: Ajay Srinivasan, Aditya Birla Fin Services

    Consolidation is the way forward for the financial services biz: Ajay Srinivasan, Aditya Birla Fin Services

    Source: Economic Times Mar 27, 2017

    In an interview with ET Now, Ajay Srinivasan, CEO, Aditya Birla Financial Services , says the growth of assets under management (AUM) has been very strong and they are growing faster than the industry in our large businesses. Edited excerpts: 

    ET Now: What is going to be the roadmap, we all know the whole restructuring exercise is on the final lap. What would be the final timeframe for your company to start trading in Indian stock exchanges? How is it going to be? 
    Ajay Srinivasan: We are on track and there is a number of regulatory approvals that we will have to go through before the demerger of financial services goes through. But it is going to happen in the course of FY18 our guess is probably in Q1 or Q2 of FY18. So it is not that far from where we are today. 

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