Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 cities

Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 cities

Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 citiesJan 4, 2022, 04:27 PM IST

Having access to over 10 lakh customers post acquisition of DHFL last year, Piramal Capital & Housing Finance (PCHFL) plans to open 100 branches and expand to 1,000 more cities in coming years. In September 2021, PCHFL completed acquisition of debt-laden Dewan Housing Finance Ltd (DHFL), thereby creating one of the largest housing finance companies in the country.

India’s digital loan sharks face crackdown as complaints mountJan 4, 2022, 12:25 PM IST

Banned apps simply move to third-party platforms such as Aptoide, he said, or advertise through text messages. Consumers sometimes take out loans with no intention of paying them back. The apps, in turn, use mafia-like collection tactics.

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