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Finance
Piramal Finance in Talks with IIFL for MFI Acquisition — The Potential Deal That Could Change the Lending Game
Piramal Finance is reportedly in discussions with IIFL Finance to acquire its microfinance subsidiary, IIFL Samasta Finance. The potential deal, estimated at ₹4,000–₹4,500 crore, could significantly reshape India’s microfinance landscape by strengthening Piramal’s retail lending presence while allowing IIFL to unlock capital and streamline its business strategy.
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