New Delhi: In a slew of decisions, the Competition Commission of India (CCI) on Tuesday approved seven proposals that include acquisition of shares partly or 100 percent in transactions involving MG Motors, Max Life Insurance, Sharekhan Limited and others.
The new business model revolves around diversified assets, a more granular funding mix, and better asset quality. The seeds of this transformation were actually sown at the time of the NBFC crisis in 2019.