Date:18/10/2006 URL: http://www.thehindu.com/2006/10/18/stories/2006101800742005.htm

Business - Briefly

AIG Capital gets RBI nod for NBFC venture

CHENNAI : AIG Capital India Pvt Ltd. has received regulatory approval from the Reserve Bank of India for its 100 per cent owned Non-Banking Financial Company (NBFC). The registration would permit AIG Capital to launch any of the permitted financial services in India's retail financial services market, a release said.