Piramal Fin expanding footprint in Telangana
Most borrowers in Telangana seek loans in the range ofRs10 lakh toRs30 lakh. Rather than relying solely on CIBIL scores, the company follows a hands-on assessment approach—visiting customers' workplaces, evaluating business income and expenses, and using AI-driven tools to gauge repayment capacity. This model has helped maintain non-performing loans at under 1% of the portfolio. With over 44,000 customers and a network of 29 branches across 23 cities in Telangana, Piramal Finance plans further retail expansion in the coming months to meet growing demand in both Telugu states.
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Time of India
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Time of India
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- Time of India
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Business Standard
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Fuelling Next Growth Sprint, SATYA MicroCapital Raises Rs. 300 Crore Capital via Rights Issue
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