ADVERTISEMENT

Motilal Oswal: Piramal Enterprises’ Consumer Finance Segment To Be The Next Growth Driver

Motilal Oswal: Piramal Enterprises’ Consumer Finance Segment To Be The Next Growth Driver

A customer counts Indian rupee banknotes. (Photographer Dhiraj Singh/Bloomberg)
A customer counts Indian rupee banknotes. (Photographer Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

To get an update on the recently-launched consumer finance segment, we interacted with Mr Jairam Sridharan – Chief Executive Officer, Consumer Finance, Piramal Enterprises Ltd. Key insights:

The company launched four retail lending products in November 2020 – loan against property, affordable housing finance, mass housing finance, and small business loans.

It also plans to reduce the focus on affluent housing finance. The idea is to have products that banks typically do not focus on and where non-banking financial companies have higher pricing power due to their niche capabilities.

Click on the attachment to read the full report:

Motilal Oswal Piramal Enterprises Company Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.