ADVERTISEMENT

Piramal Finance Crosses Rs 50,000 Crore In Retail Assets

Piramal Finance achieves a milestone, crossing Rs 50,000 crore in retail assets, with a significant 132% growth in retail loans since March 2022.

<div class="paragraphs"><p>(Source:&nbsp;<a href="https://unsplash.com/@micheile?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">micheile henderson</a>/ <a href="https://unsplash.com/s/photos/savings?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>)</p></div>
(Source: micheile henderson/ Unsplash)

Piramal Finance, a non-bank lender, announced on Tuesday that its retail assets under management have surpassed the Rs 50,000 crore milestone.

Since March 2022, retail loans have seen a growth of 132%, with affordable housing making up more than two-thirds of these loans, as per the company's statement.