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Piramal Retail Fin today announced its expansion plans of entering 7 new sectors beyond hsg fin. In conversation with @_ritusingh, CEO Jairam Sridharan says they aim to be among the top 5 non-bank lenders. Also adds that they are hopeful of closing the DHFL acquisition in this FY
DHFL acquisition fits perfectly into overall retail strategy, will help us achieve scale. Process Of acquisition is going on as per expectations, says Piramal Retail Finance
Retail lending portfolio will grow to about 40% of the overall lending business of Piramal Group post DHFL acquisition.
CITI on Piramal Ent BUY, TP Rs 2110 Believe DHFL purchase multiple indicates a significant disc on an already marked down bk Announced bond issuances & change in asset profile give visibility on decline in cost of funds @ 0.8x 1Y fwd P/B for Lending, stk attractive @CNBCTV18News
No views on Anil jis scrips. Likewise yes bank n DHFL. I HAVE alloted scrips of rel power on my family name I think at 230. 😅�
#ETReports | Piramal Capital & Housing Finance, which is set to acquire DHFL, will likely put on sale the latter’s #property developer #loan portfolio of about Rs 53,165 crore as it moves toward becoming a #retail #mortgage lender. @PiramalCHF @DHFL_India
According to the FIR lodged at a Mumbai police station, the complainant had invested Rs 1 crore as fixed deposit with the DHFL, but when he tried to withdraw the money, he ‘found it had been diverted’.
On Wednesday, the CBI exhumed a scam linked to the Pradhan Mantri Awas Yojana (PMAY) and registered a case against the promoters of crisis-hit Dewan Housing Finance Limited (DHFL), Kapil and Dheeraj Wadhawan in connection with the criminal conspiracy.