India: Piramal Group mulls partnering with PE funds to acquire NBFC assets

India: Piramal Group mulls partnering with PE funds to acquire NBFC assets

Piramal Group chairman Ajay Piramal. Photo: Aniruddha Chowdhury/Mint

Piramal Group flagship Piramal Enterprises Ltd (PEL) is open to tying up with private equity funds to acquire select non-banking financial company (NBFC) portfolios, group chairman Ajay Piramal said.

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