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HLFL in talks to raise up to $100 million to support growth: Sachin Pillai

"A full-fledged turnaround should be in place by the end of the last quarter or spilling over to the next FY," said Sachin Pillai, Managing Director & Chief Executive Officer, HLFL

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Sachin Pillai, MD, CEO, Hinduja Leyland Finance Ltd.

5 min read Last Updated : Sep 09 2020 | 10:59 PM IST

Hinduja Leyland Finance Ltd (HLFL), the financing arm of Ashok Leyland, is planning for primary capital infusion of $100 million. Sachin Pillai, Managing Director & Chief Executive Officer, HLFL spoke to T E Narasimhan on why the company's attempt to list is being delayed and how the Covid-19 and recent RBI's decisions are impacting the company and NBFC.

RBI has come up with steps for the restructuring of loans. So, what happens to any customer affected by Covid-19? From the customer side how are they responding?

The announcement to extend one-time restructuring is a welcome move. Having gone through Moratorium

Topics : Coronavirus Lockdown Ashok Leyland capital infusion NBFC loan refinancing RBI

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