Piramal Finance, a non‑bank lender, has already secured $350 million from the International Finance Corp (IFC) and the Asian Development Bank (ADB) and is now looking to raise the remaining $150 million to reach a total of $500 million for FY26.
Funding Overview
The $350 million comes under Piramal’s Sustainable Finance Framework, which is designed to support lending to markets that often lack access to credit.
- IFC (backed by the World Bank) contributed $200 million.
- ADB contributed $150 million.
- The remaining $150 million is being discussed with other development finance institutions.
Purpose of the Funds
With the full $500 million, Piramal Finance plans to expand its credit offerings to underserved borrowers, helping them obtain loans for personal, business, or other needs.
Timeline and Structure
The five‑year facilities will be drawn in tranches between January and March 2026, following regulatory guidelines.
What This Means for Investors
The new capital strengthens Piramal’s ability to grow its loan book, which could improve its earnings and market presence in the coming years.
Remember, this is perspective, not a prediction. Do your own research before making any investment decisions.