The wholesale business in non-real estate sector includes separate verticals-Corporate Finance Group (CFG) and Emerging Corporate Lending (ECL). Piramal also launched a distressed asset investing platform with Bain Capital Credit-IndiaRF and was planning another such fund to acquire renewables. (Piramal on Friday said wholesale real estate lending exposure will come down to about 10 per cent (excluding hospitality and lease rental discounting) from the 63 per cent in March 2019).