WEF Davos 2020: How Piramal Contains NPAs Despite A Large Exposure To Real Estate
Ajay Piramal, chairman of Piramal Group, at the 50th World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 22, 2020. (Photo: BloombergQuint)

WEF Davos 2020: How Piramal Contains NPAs Despite A Large Exposure To Real Estate

Almost two-thirds of Piramal Enterprises Ltd.’s loan book is exposed to the beleaguered real estate sector. Yet, only 1 percent of its assets has turned bad.That, according to Ajay Piramal, is beca...
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