Birla Global Finance is now Aditya Birla Finance

Birla Global Finance, the NBFC arm of the Aditya Birla Financial Services Group, has been renamed as Aditya Birla Finance. This change in name not only reflects the ownership and commitment of the Aditya Birla Group, but also perfectly reflects the nature of its business of providing financing solutions like loan against securities, working capital support, channel/vendor finance and so on.

Aditya Birla Finance (ABF) offers specialized solutions in areas of Capital Market and Corporate Finance. The Capital Market Group offers its customers the best opportunity to meet their liquidity requirements by providing finance for investments in the primary and secondary markets. The Capital Market product suite comprises, Loan against marketable shares and securities, IPO/Promoter Financing, Margin Funding, ESOP Financing and more. The Corporate Finance Group deals with SMEs and large corporate clients and aims to provide innovative solutions to meet all funding needs. The Corporate Finance product offerings include Bill/Invoice Discounting, Vendor/Channel Financing, Debt Syndication and more. Through its lending and financing solutions ABF enables its investors to pursue ambitious growth strategies and execute value-creating transactions.

Commenting on the occasion, Ajay Srinivasan, Chief Executive – Financial Services, Aditya Birla Group said, “Aditya Birla Finance will play a vital role in fulfilling the ABFSG vision of being a leader and role model in a broad based and integrated financial services business”.

Adding to this, Sudhakar Ramasubramanian, the newly appointed CEO of the company said, “Aditya Birla Finance will actively pursue new avenues for growth while the focus will continue to remain on creating and maximizing value for all our stakeholders”.

Source: Indiaprwire

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