Comments
After a 22-month long gruelling debt resolution process, Piramal Enterprise Ltd has completed its acquisition of Dewan Housing Finance Corporation Ltd (DHFL) by paying Rs 34,250 crore to the lenders. The acquisition will help Piramal diversify its loan book and especially scale up its retail lending book.
In an interview with Surabhi, Deputy Editor, Business Line and Thomas K Thomas, Chief of News Bureau for BusinessLine in Mumbai, Ajay Piramal, Chairman, Piramal Group shares his thoughts on why he acquired the housing finance company and how he dealt with challenges that came in the way while doing this deal.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.