Khushru Jijina, managing director of Piramal Finance and Piramal Housing Finance Ltd, will head Piramal Capital. Photo: Aniruddha Chowdhury/Mint
Bengaluru: Piramal Enterprises Ltd is restructuring its financial services business by consolidating its real estate and non-real estate financing arms and the newest housing finance business under a single new entity, Piramal Capital, to offer end-to-end lending solutions as well as expand into new territory in future.
Currently, Piramal Finance Pvt. Ltd houses the financial services business, which will be moved under Piramal Capital, a subsidiary of Piramal Enterprises. The restructuring will be concluded by March-end. Once the restructuring is concluded, Khushru Jijina, managing director of …
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