Piramal Enterprises’ Mutual Fund Borrowings Shrink
Ajay Piramal, chairman of Piramal Group, pauses during an interview in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Piramal Enterprises’ Mutual Fund Borrowings Shrink

Piramal Enterprises Ltd.’s financial services arm’s bank loans rose and reliance on commercial paper fell at a time non-bank lenders are finding it tough to raise funds through market borrowings.Th...
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