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From The New Indian Express

Center Owned by Express Publications (Madurai) Ltd.

Five years after DHFL buyout, Piramal Finance gains Rs 3,000 crore from stressed loans

Five years after DHFL buyout, Piramal Finance gains Rs 3,000 crore from stressed loans

RSS excerpt

Five years after acquiring Dewan Housing Finance Corporation (DHFL), Piramal Finance has gained more than Rs 3,000 crore from its stressed loan book and retained Rs 16,000 crore in tax losses that it can set off against future profits. DHFL was the first financial services company to be resolved…

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