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CNBC TV18 - Markets 64d ago
Billionaire Ajay Piramal’s NBFC plans $1 billion foreign debt
Piramal Finance plans up to $1 billion in foreign loans to fuel retail credit growth in India, targeting diversified funding despite rupee weakness.
LTFPIRAMALFINRETAILSDREAMSV2RETAILConsumer ServicesFinancial Services
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ET Markets - Stocks 121d ago
AI to disrupt banking? Nomura initiates coverage on 3 NBFC stocks that can beat banks for next 15 years
Nomura has initiated coverage on Tata Capital, L&T Finance and Piramal Finance with Buy ratings, citing their expanding product portfolios and rapid adoption of AI-driven lending engines. The brokerage expects NBFCs to outpace banks over the next 15 years, driven by MSME credit gaps, digital data analytics and rising retail penetration.
CAPITALSFBCIFLCPCAPDCCLINDOSTARLTFPIRAMALFINPROPEQUITYRETAILSDREAMSTATACAPTATATECHTNIDETFV2RETAILConsumer ServicesFinancial Services