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Piramal Capital Puts INR 1,625 Cr Real Estate Loans on the Block - Focus Shifts to Retail Lending

Piramal Capital & Housing Finance Ltd. (PCHFL) is selling ₹1,625 crore in loans given to Sheth Creators and Transcon Sheth Creators, inviting bids from ARCs, NBFCs, and financial institutions. The move aligns with Piramal’s strategy to shift from wholesale lending to retail finance ....

By Admin

  • 12th Mar 2025
  • 1233 Views
Kotak Mahindra Bank to Acquire StanC's INR 4100 Crore Personal Loan Portfolio

Kotak Mahindra Bank would buy Standard Chartered Bank India's ₹4,100 crore personal loan portfolio. This transaction should be completed in three months, pending regulatory clearances and closing conditions. The loans purchased are conventional, easing the transfer for banks and clients.

By Admin

  • 19th Oct 2024
  • 1315 Views
PNB Housing Finance Targets Ambitious 17% Growth in FY25 Loan Portfolio

PNB Housing Finance aims to raise its loan portfolio by 17% in FY25, the biggest expansion since 2019. A strong capital position has allowed the firm to concentrate on retail lending, which currently accounts for 97% of its operations, including affordable housing.

By Admin

  • 5th May 2024
  • 1405 Views
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