RBI cancels CoA of Muthoot Vehicle & Asset Finance and Eko India Financial Services
The Reserve Bank of India on Tuesday in a press release stated that the Certificate of Authorisation (CoA) of Payment System Operators (PSOs) Muthoot Vehicle and Asset Finance Limited and Eko India Financial Services Ltd has been canceled.
Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 citiesHaving 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.
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