Piramal Finance Limited (PFL) announced its foray into the retail housing finance business through its wholly owned subsidiary, Piramal Housing Finance Private Ltd. Under a license received from the National Housing Bank to operate, the housing finance vertical will offer home loans as well as loans against property and construction finance for small developers.
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Piramal Finance aid Rs 700 cr to ACME Solar
Piramal Enterprises through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs 700 crore to ACME Solar Holdings Ltd. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Ltd by introducing a new product - a Flexi Line of Credit - for the renewable energy sector.