Gabriel India share price surges 20%; hits 52-week high

July 1, 2025

Gabriel India share price: On June 30, 2025, the Board of Directors of Gabriel India Limited (GIL) approved a composite scheme of arrangement involving the company and two of its group entities — Asia Investments Private Limited (AIPL) and Anchemco India Private Limited (formerly known as Andasia Private Limited).

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The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate

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RBI eases restrictions on cash credit accounts, eases current account norms

The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

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