Piramal Group may partner with foreign, PSU banks for co-lending1 min read 05 Feb 2020, 11:30 AM IST
Chairman Ajay Piramal said there are many portfolio purchasing and merger and acquisition (M&A) prospects in the housing finance sector
The group had earlier said its strategy is to build newer platforms for co-lending with like-minded institutions
Bengaluru: Piramal Group plans to collaborate with public sector and foreign banks for co-lending opportunities, which will generate fee income for the company and help maintain return on equity (ROE), the firm's chairman Ajay Piramal told analysts on a call on Tuesday.
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