piramal enterprises

Bandhan Financial institution impact: RBI declines Annapurna Finance’s common financial institution request

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The Reserve Financial institution of India, in a cautious transfer, declined Annapurna Finance Restricted’s utility for a common financial institution license made in January 2023. The regulator, expressing hesitation about awarding a full-service financial institution license to the Odissa-based lender, largely specializing in microfinance loans, gave Annapurna Finance the choice to turn out to be … Read more

Piramal Enterprises to promote stake in Shriram Funding for ₹1,440 crore

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Piramal Enterprises has determined to promote its whole stake in Shriram Funding Holdings Non-public Restricted (SIHPL) to Shriram Possession Belief (SOT) for a consideration of ₹1,440 crore. In June final 12 months, the agency had offered its whole 8.3 per cent stake it held in Shriram Finance by means of a number of block offers … Read more