Domestic financial woes weigh on key collection metric as consumers unable to meet payment obligations


Domestic financial woes weigh on key collection metric as consumers unable to meet payment obligations

Institutional lenders, microfinance companies, public utilities and even chit funds are staring at deficit collections with each passing month.

The company, a wholly-owned subsidiary of Piramal Enterprises Limited, continues to hire extensively for retail operations pan-India and has rolled out 2,000 offers already in the last three months in the merged entity.


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