Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Outlook Improves
A Jhunjhunwala-partnered fund has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the lender’s improving business outlook and its positioning in India’s travel and hospitality financing cycle. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora said the company is seeing a healthier operating environment and remains focused on disciplined growth.
