Piramal Capital: Piramal Capital eyes up to $400 million via bond issue

Piramal Capital: Piramal Capital eyes up to 0 million via bond issue

Mumbai: Non-bank lender Piramal Capital, which had acquired Dewan Housing Finance in one of the few successful debt resolutions of a finance company, is set to raise up to $400 million in its first overseas bond issue, with Deutsche Bank, Barclays, Standard Chartered, Citigroup, and Emirates NBD leading the initiative. This debut bond follows a … Read more

Piramal Capital set to add gold, micro business loans to portfolio next fiscal

Piramal Capital set to add gold, micro business loans to portfolio next fiscal

Mumbai: Piramal Capital and Housing Finance will add gold loans, micro business loans and unsecured microfinance loans to its portfolio next fiscal to broaden its consumer finance focus as it continues to move away from its original avatar as a real estate lender, a top official said. Though the new businesses have a higher risk … Read more