Stock in focus: Piramal Enterprises subsidiary gets RBI nod to commence NBFC-ICC business

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Stock in focus: Piramal Enterprises subsidiary gets RBI nod to commence NBFC-ICC business

AIMPWA

April 7, 2025

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Piramal Enterprises shares hogged the limelight in trade on Monday, April 7, after the non-banking finance company informed exchanges that the Reserve Bank of India (RBI) has granted its subsidiary Piramal Finance to commence its business of a Non-banking Financial Institution–Investment and Credit Company (‘NBFC-ICC’) without accepting public deposits.

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