Smallcap and midcap stocks surged on Wednesday, outperforming broader market indices with gains of around 1% each. This rally was fueled by...

Indian corporates raised $4.60 billion in ECB in February, 14% lower than January. Over 100 firms borrowed $4.20 billion via the automatic ...

The Reserve Bank of India is proposing new rules for classifying large financial companies. State-owned firms like Power Finance Corp and R...

Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...

Markets experienced a sharp sell-off on Monday's monthly expiry day, with the Nifty closing near 22,331. Key companies like IndiGo, Bharti ...

One of the things that we need for NBFCs to do is, today if you see the upper layer NBFCs are regulated a lot more than what they were prev...

Piramal plans to use proceeds from a new bond issue to fuel its rapidly growing retail business, which has seen a 50% annual expansion in t...

Piramal Capital & Housing Finance announced that it has exceeded Rs 50,000 crore in retail assets under management. The company has set a t...

Sridharan said unsecured microfinance loans and low-ticket loans against property will be also introduced mostly in the first half of the n...

PIRAMAL-India's shadow lender Piramal sees no slowdown in credit growth.

"It's a defining milestone," Piramal group chairman Ajay Piramal said Wednesday. "This gives us the opportunity to address the financing ne...

In June, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the resolution plan of Piramal Capital and Housing Finance L...

The tenors of NCDs are 26 months, 36 months, 60 months and 120 months, with coupons in the range of 8.1 per cent to 9 per cent on an annual...

The appellate tribunal has directed all parties to file their replies before July 19, which is the next date of hearing.

The structured equity funding will enable the acquisition of 3.34 acre land in Chennai’s Kotturpuram locality, the Piramal Group company sa...

The company had reported a net profit of Rs 311 crore during the same period of the previous fiscal.

This investment would be over and above Rs 2,000 crore which the company has already invested in the Hyderabad market over the past two yea...