Motilal Oswal: Piramal Enterprises’ Consumer Finance Segment To Be The Next Growth Driver
A customer counts Indian rupee banknotes. (Photographer Dhiraj Singh/Bloomberg)

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

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

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