Piramal Finance Diversifies with Strategic $1 Billion Foreign Borrowing Plan
Published on: Jan. 14, 2026, 12:45 p.m. | Source: Devdiscourse
Piramal Finance intends to borrow USD 1 billion annually from foreign sources to diversify funding. It has raised USD 350 million from IFC and ADB, with plans for another USD 150 million from a multilateral agency. The company aims for 12-15% foreign source liabilities annually.
