Piramal Capital reduces share of short-term borrowings
MUMBAI: Piramal Capital and Housing Finance (PCHL), which is set to own in a competitive bankruptcy takeover, is strengthening its asset liability management in the run-up to running a retail-focused home financier. It has reduced the share of short-term borrowings via commercial papers/other bank credit. Short term borrowings now form just about 15-20 percent of … Read more