Piramal Fin aims to raise up to USD 1 bln in foreign loans every year
Published on: Jan. 14, 2026, 3:31 p.m. | Source: Daily Excelsior
MUMBAI, Jan 14: Non-bank lender Piramal Finance plans to borrow up to USD 1 billion every year from foreign sources as it seeks to diversify its funding sources, a top official has said. The company has raised USD 350 million from IFC and ADB and is in advanced talks to secure another USD 150 million from a multilateral funding agency over the next three weeks, its Chief Executive and Managing Director Jairam Sridharan said. “We plan to continue to […]
