Rating agency Care Ratings has downgraded the rating of Poonawalla Housing Finance by three notches, citing divestment by the promoter group. Care has downgraded ratings on long-term bank ...

Business News: Mumbai, Dec 14 (PTI) Poonawalla Fincorp, the non-banking arm of the vaccine major Cyrus Poonawalla Group, on Wednesday announced sale of its housing s ...

Poonawalla Fincorp Ltd on Wednesday said it has sold its subsidiary, Poonawalla Housing Finance Ltd, to Perseus SG Pte. Ltd, which is affiliated with TPG Global, for ₹ 3,900 crore.

The Poonawalla group has been preparing for its maiden equity raise since it took over Magma Fincorp in February 2021. The housing finance arm Poonawalla Housing Finance is set to roll out ...

Poonawalla Housing Finance: The transaction, subject to regulatory approvals, is being carried out by TPG global arm Perseus SG, the statement said, adding the deal will is part of its effort to ...

Private equity firm TPG has rechristened Poonawalla Housing Finance as Grihum after acquiring 99% equity. Grihum Housing Finance aims to double its business in three years, focusing on the working ...

Sources suggest that the ask price for Poonawalla Housing Finance by the parent company is 3-times the net worth of the arm which was reported as Rs 1,100 crore in Sep-end 2022 ...

Non-banking lender Poonawalla Fincorp on Wednesday announced that it will sell its housing arm Poonawalla Housing Finance Limited to TPG Group for Rs 3,900 crore.

Poonawalla Fincorp said on Wednesday it would sell its housing finance unit to an affiliate of U.S. private equity firm TPG Global for 39 billion rupees ($473 million), as the Indian non-bank ...

Poonawalla Fincorp, the non-banking arm of the vaccine major Cyrus Poonawalla Group, on Wednesday announced sale of its housing subsidiary Poonawalla Housing Finance to private equity major TPG for Rs ...

Poonawalla to sell housing arm to TPG for Rs 3,900 cr Poonawalla Housing Finance's AUM in FY22 was Rs 5,282 crore with an average ticket size of Rs 30 lakh.

The board of Poonawalla Fincorp Ltd. has approved the sale of its housing subsidiary Poonawalla Housing Finance Ltd. to TPG (Perseus SG Pte. Ltd.), an entity affiliated to TPG Global, LLC, at a ...