India: Piramal consolidates its financial services business under one unit

India: Piramal consolidates its financial services business under one unit

Photo: Abhijit Bhatlekar/Mint

In a second and more conclusive restructuring of its financial services business, Piramal Enterprises Ltd (PEL) has moved all assets and liabilities related to lending to real estate and non-real estate projects to its unit Piramal Finance Pvt. Ltd.

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