Piramal has been trying to cut exposure to wholesale real estate lending exposure. The company had reduced lending to real estate from 83 percent in March 2015 to 63 percent in March 2019, and plans to further bring it down to 50 percent by the end of this year.Piramal says only eyeing home loan portfolio of DHFL, not its shares
Piramal has been trying to cut exposure to wholesale real estate lending exposure. The company had reduced lending to real estate from 83 percent in March 2015 to 63 percent in March 2019, and plans to further bring it down to 50 percent by the end of this year.
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