Piramal Capital & Housing Finance Collaborates with Punjab & Sind Bank to Boost Rural and Semi-Urban Lending.

Banking & Finance

In March 2025, Piramal Capital & Housing Finance Limited (PCHFL) (Piramal Finance), based in Mumbai (Maharashtra), formed a strategic co-lending partnership with Punjab & Sind Bank, a public sector bank headquartered in New Delhi (Delhi). The goal of this partnership is to increase credit access for middle- and low-income borrowers, with a focus on underserved areas like rural and semi-urban regions across India.


      - The partnership aims to help micro, small, and medium enterprises (MSMEs) and individuals looking for home loans.

     

     

Main Point :-   (i) The agreement intends to offer customized credit solutions with attractive interest rates, focusing on Tier 2 and Tier 3 cities to improve access to formal loans.

      (ii) Punjab & Sind Bank, with 1,575 branches, brings strong financial expertise, while Piramal Finance, with over 514 branches covering 13,000 pin codes, serves 4.5 million customers across 26 states.

(iii) Together, they combine solid underwriting practices with advanced credit evaluation tools to provide efficient credit solutions.

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