Rakesh Jhunjhunwala

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Markets, IPOs & Wealth 03 Oct 2026, 02:57 PM IST

Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Lender Signals Business Momentum

A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the specialised lender at a time when travel-linked financing is regaining traction. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora said business conditions remain constructive and outlined an improving outlook for the company.

By RDU Global Wire5 min read

Markets, IPOs & WealthRecently

Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Bets on Growth Revival

A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the small-cap lender at a time when travel-linked financing is regaining momentum. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora outlined the company’s business conditions and the outlook ahead, signalling cautious optimism on demand and asset quality.

4 min readRead →

Banking, Fintech & InsuranceRecently

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.

5 min readRead →

Markets, IPOs & WealthRecently

Jhunjhunwala-Linked Fund Takes TFCI Stake as Tourism Finance Outlook Draws Market Attention

A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing fresh attention to the small-cap financier at a time when investors are reassessing domestic credit plays. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora outlined the company’s business conditions and the outlook ahead, underscoring the market’s interest in the stock and the broader tourism-finance theme.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Rakesh Jhunjhunwala:

Tourism Finance Corporation of India(1)Satpal Arora(1)New Delhi(1)CNBC-TV18(1)