Piramal Finance Plans $1 Billion Foreign Currency Loan Raise for Growth

Piramal Finance, the shadow lending arm of billionaire Ajay Piramal Piramal Group, is planning to raise up to $1 billion through foreign currency loans this year to support growing demand for retail credit in India. According to CEO Jairam Sridharan, the Mumbai-based NBFC intends to primarily tap foreign banks and multilateral agencies, with loan tenors … Continue reading Piramal Finance Plans $1 Billion Foreign Currency Loan Raise for Growth