Piramal Finance sees funding cost relief after fresh rating from CRISIL
Published on: Jan. 5, 2026, 3:21 p.m. | Source: CNBC TV18
Piramal Finance has received a new AA+ credit rating from CRISIL, which management expects to lower borrowing costs over time. The company said it does not need fresh capital, remains on track for over 25% AUM growth, and is progressing toward a 7% net interest margin by FY27, while remaining patient on further insurance divestments.
