Piramal Capital and Housing Finance onboards over 3,000 employees from DHFL | New Companies

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New Delhi: Piramal Capital & Housing Finance Limited (PCHFL) which acquired debt-ridden DHFL has onboarded over 3,000 employees and plans to increase headcount for business growth.

As part of ‘Project Sangam’, a program focusing on cultural and business integration, senior management at DHFL will move into new premises in Mumbai next week.

The company, a wholly owned subsidiary of Piramal Enterprises Limited, continues to hire heavily for retail operations across India and has already rolled out 2,000 offers in the past three months in the merged entity.

“This hiring momentum is expected to continue into the fourth quarter of the current fiscal year and into 2022-23, bringing the overall headcount to over 5,000. , and professional expertise will be key to strengthening and growing PCHFL,” the company said in a statement.

Vikram Bector, Group HR Director, Piramal Enterprises Ltd, said this entity will drive our growth plans for the market, especially to meet Bharat’s credit needs… We have leveraged technology extensively to increase hiring across India and we continue to focus on a ‘phygital’ expansion model for business building across various touchpoints. »

PCHFL has over one million customers in 24 states with a network of 301 branches. Going forward, the company plans to add 100 branches by the end of 2022 and will continue to add manpower to meet this requirement.

Significant hiring in verticals is in line with the vision to extend credit to underserved and unserved customers, he said.

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