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Billionaire Piramal’s Shadow Bank Plans $1 Billion Foreign Debt

Bloomberg Markets · May 8, 2026, 1:30 AM · Also reported by 2 other sources

Billionaire Ajay Piramal’s Indian shadow lender is looking to raise as much as $1 billion in foreign currency loans this year to meet strong demand for retail credit in the world’s fastest-growing major economy.

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Billionaire Piramal’s Shadow Bank Plans $1 Billion Foreign Debt

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