Latest Updates Around The World
Jairam Sridharan, MD and CEO, Picamal Finance Piramal Finance, which plans to grow its assets under management (AUM) to over ₹1.5 lakh crore in FY28 from ₹96,690 crore in Q3FY26, will rely on product maturity, channel expansion and better productivity to drive growth, MD and CEO Jairam Sridharan said in an interactive conversation with the […]
Piramal Finance Limited has secured $350 million in multilateral financing from the International Finance Corporation and the Asian Development Bank, marking the non-banking financial company’s first loan from development finance institutions. The company announced the financing today. The package includes $200 million from IFC and $150 million from ADB under the Sustainable Finance Framework. Both […]
Non-banking major Piramal Finance is open to inorganic growth opportunities in micro, gold, MSME and affordable housing loan segments to achieve its target of ₹1.5 lakh crore assets under management (AUM) by FY28, MD & CEO Jairam Sridharan said. While most of the growth will be organic, about 10 percent of the growth could come […]
Mumbai: The growth in net interest income (NII) helped Piramal Finance report a two-fold year-on-year rise in consolidated net profit for the September quarter to ₹327 crore, while Poonawalla Fincorp moved into the black with a profit of ₹74 crore compared to a loss of ₹471 crore a year ago. For Piramal Finance, NII rose […]
