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Business and Finance
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Tue, June 10, 2025
[ Tue, Jun 10th ]: cnbctv18
L&T Finance completes acquisition of Paul Merchants Finance's gold loan business
Mon, May 19, 2025
[ Mon, May 19th ]: cnbctv18
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[ Tue, May 13th ]: cnbctv18
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Fri, April 25, 2025
[ Fri, Apr 25th ]: cnbctv18
Cholamandalam Investment Q4 Results: NII up 30%; firm to launch gold loan business
[ Fri, Apr 25th ]: cnbctv18
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[ Sat, Mar 29th ]: cnbctv18
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Fri, March 28, 2025
[ Fri, Mar 28th ]: cnbctv18
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Thu, March 27, 2025
[ Thu, Mar 27th ]: cnbctv18
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Wed, March 26, 2025
[ Wed, Mar 26th ]: cnbctv18
RBI Governor calls for stronger anti-money laundering and terrorism financing measures
Tue, March 25, 2025
[ Tue, Mar 25th ]: cnbctv18
Lok Sabha passes Finance Bill 2025 with 35 amendments
Mon, March 24, 2025
[ Mon, Mar 24th ]: cnbctv18
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[ Mon, Mar 24th ]: cnbctv18
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[ Sat, Mar 22nd ]: cnbctv18
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Fri, March 21, 2025
[ Fri, Mar 21st ]: cnbctv18
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[ Fri, Mar 21st ]: cnbctv18
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[ Fri, Mar 21st ]: cnbctv18
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[ Fri, Mar 21st ]: cnbctv18
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Thu, March 20, 2025
[ Thu, Mar 20th ]: cnbctv18
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Wed, March 19, 2025
[ Wed, Mar 19th ]: cnbctv18
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Mon, March 17, 2025
[ Mon, Mar 17th ]: cnbctv18
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Tue, March 11, 2025
[ Tue, Mar 11th ]: cnbctv18
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Thu, March 6, 2025
[ Thu, Mar 06th ]: cnbctv18
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Sat, March 1, 2025
[ Sat, Mar 01st ]: cnbctv18
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[ Fri, Feb 21st ]: cnbctv18
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Sat, February 15, 2025
[ Sat, Feb 15th ]: cnbctv18
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Fri, February 14, 2025
[ Fri, Feb 14th ]: cnbctv18
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Wed, February 12, 2025
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Tue, February 11, 2025
[ Tue, Feb 11th ]: cnbctv18
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[ Mon, Feb 10th ]: cnbctv18
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Sun, February 9, 2025
[ Sun, Feb 09th ]: cnbctv18
RBI repo rate cut: These banks may benefit the most and why
Fri, February 7, 2025
[ Fri, Feb 07th ]: cnbctv18
L&T Finance ventures into gold loan business with ?537 crore acquisition of Paul Merchants Finance
[ Fri, Feb 07th ]: cnbctv18
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[ Fri, Feb 07th ]: cnbctv18
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Thu, February 6, 2025
[ Thu, Feb 06th ]: cnbctv18
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[ Thu, Feb 06th ]: cnbctv18
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Tue, February 4, 2025
[ Tue, Feb 04th ]: cnbctv18
Aye Finance partners with Credgenics to enhance debt collection processes

L&T Finance completes acquisition of Paul Merchants Finance's gold loan business

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The acquisition includes the transfer of PMFL's 1,350 crore gold loan book, 130 branches, and approximately 700 employees to LTF.
L&T Finance has successfully completed the acquisition of the gold loan business from Paul Merchants Finance, as announced on March 1, 2024. This acquisition, which was first revealed in October of the previous year, involved purchasing the gold loan portfolio and related assets for a cash consideration of Rs 85 crore. The deal aims to enhance L&T Finance's presence in the gold loan market, particularly in the northern region of India, and is part of their strategy to expand their rural business group. The acquisition is expected to be immediately accretive to L&T Finance's earnings, with the integration of the portfolio set to be completed within the next few months.

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