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Posted on: Jan. 13, 2017, 1:22 p.m.
AION Capital Management Ltd, a joint venture between ICICI Bank Ltd and Apollo Global Management, has applied for a licence to form an asset reconstruction company (ARC), two people aware of the development said. “The application was made to Reserve Bank of India (RBI) sometime in the last week of December,” said one of the two people cited above. Full investment news articleRelevent to this post: Apollo Global Management Kohlberg Kravis Roberts,