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Piramal Capital mobilises Rs 2,500 crore to integrate Dewan Housing acquisition The company has also raised some rupee term loans from banks. With interest rates at rock bottom, the company has a good opportunity to mobilise 3-5 year money Anand Adhikari | April 22, 2021 | Updated 11:43 IST Piramal Capital mobilises Rs 2,500 crore Piramal Capital and Housing Finance Ltd (PCHFL), a subsidiary of Piramal Enterprises Limited, has mobilised close to Rs 2,500 crore funds from banks like State Bank of India, Union Bank, Indian Bank, and other corporate investors to integrate Dewan Housing acquisition and also to expand into retail assets. These funds have come via the non-convertible debenture (NCD) route as the banks are flush with liquidity. Most of the banks are using the NCD route to park short-term money for 1-3 years in high-rated companies. The company has also raised some rupee term loans from banks. With interest rates at rock bottom, the company has a good opportunity to m

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