Moody's assigns Ba3 rating to Piramal Capital and Housing Finance, outlook Stable





Moody's Ratings has assigned a first-time Ba3 long-term corporate family rating to Piramal Capital and Housing Finance Limited. The outlook is stable.Moody’s said that the ratings of Piramal Finance is based on the consolidated financials of Piramal Enterprises Limited (PEL), reflecting the strong operational and business linkages between the two entities, common management, funding and risk management.


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