Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in Semi-Urban & Rural Areas

Daily Current Affairs / Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in Semi-Urban & Rural Areas

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Category : Business and economics Published on: March 20 2025

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The leading non-banking financial company (NBFC) Piramal Capital and Housing Finance Limited (Piramal Finance) and Punjab and Sind Bank, one of India's major public sector banks, have entered into a strategic co-lending partnership to enhance loan availability for medium and low-income borrowers, with a special emphasis on rural and semi-urban areas.
This collaboration combines Punjab and Sind Bank's extensive financial expertise and broad network of 1,575 branches with Piramal Finance's unique 'High Tech + High Touch' approach.