Piramal to get funding from StanChart, Barclays Bank for DHFL buyout

By Beena Parmar

  • 14 Jun 2021
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Credit: 123RF.com

Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and Standard Chartered Bank to fund its Dewan Housing Finance Corporation Limited (DHFL) acquisition under the bankruptcy process. Last year on October 16, Piramal Capital & Housing Finance Limited (PCHFL) obtained a ......

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