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Piramal Enterprises’ arm enters into retail housing finance business

28 Sep 2017 Evaluate

Piramal Enterprises’ financial services arm - Piramal Finance (PFL) has marked its entry into retail housing finance business through its wholly-owned subsidiary, Piramal Housing Finance. The company will offer home loans as well as loans against property and construction finance for small developers.

The housing finance company got its licence from National Housing Board on September 4 this year and already has an asset under management (AUM) of over Rs 200 crore.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services. 


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