Piramal Enterprises’ subsidiary company -- Piramal Capital & Housing Finance is aiming to increase its retail loan book to more than Rs 1 lakh crore over the next three years from around Rs 25,000 crore now. It is into housing finance, SME lending, retail finance along with wholesale lending, which is the mainstay with over Rs 42,000 crore in developer financing.
Its retail book stood at Rs 24,872 crore at the end of the September quarter. Out of the retail book, as much as 63 per cent is affordable housing loans and most of it came from the takeover of DHFL in September 2021. Around 26 per cent is secured MSME loans, 4.2 per cent is digital finance, 2.6 per cent is unsecured MSME book and 1.3 per cent is used car loans.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
Company Name | CMP |
---|---|
Bajaj Finance | 7248.05 |
Shriram Finance | 2428.20 |
Aditya Birla Capital | 216.70 |
SBI Cards AndPayment | 747.30 |
Chola Invest & Fin. | 1142.00 |
View more.. |