Piramal Housing Finance

The main reasons behind this merger with Piramal Capital & Housing Finance are to simplify the group structure and provide shareholders with direct access to the entire lending business

The company has raised over Rs 50,000 cr ore since Apr-2019, through several equity transactions leading to inflows of over Rs 18,000 cr

India's real estate market is grappling with a lingering lockdown that's slowed construction and sharply crimped new sales in an already struggling market.

Flags increased risk in wholesale lending; may impact asset quality going forward

International Finance Corporation (IIFC), the investing arm of the World Bank, is planning to put around $100 million in the new fund, alongside the sponsors' investment of $200 million

Investment is the third in hospitality by Piramal, will allow Samhi Group, which owns 29 properties, to support growth plans and refinance existing lenders across three assets

Icra has assigned A1+ rating to the housing finance company's commercial paper

Piramal Finance launched its wholly owned housing finance subsidiary, Piramal Housing Finance today