Piramal Capital raises Rs 1,400 crore to service debt, and for lending

Piramal Capital & Housing Finance has raised Rs 900 crore from two public sector banks — Union Bank of India and Bank of India — at 8.9% for five years and Rs 500 crore from IndusInd Bank for one year at 9% to meet the obligations.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ReAzLM