A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the lender’s growth prospects and asset quality trajectory. In a CNBC-TV18 interview, TFCI Managing Director Satpal Arora said the company remains focused on disciplined lending and sees a supportive demand environment as India’s tourism and hospitality cycle strengthens.
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"Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Outlook Draws Fresh Attention"
A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the lender’s growth prospects and asset quality trajectory. In a CNBC-TV18 interview, TFCI Managing Director Satpal Arora said the company remains focused on disciplined lending and sees a supportive demand environment as India’s tourism and hospitality cycle strengthens.
Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Outlook Draws Fresh Attention
R
RDU Global Wire
BFSI & Fintech Desk
New Delhi, India Just now (06:26 AM IST)•5 min read
A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the lender’s growth prospects and asset quality trajectory. In a CNBC-TV18 interview, TFCI Managing Director Satpal Arora said the company remains focused on disciplined lending and sees a supportive demand environment as India’s tourism and hospitality cycle strengthens.
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