Future Capital Holdings, wing of Pantaloon Retail India, has revealed that it has take over 100 percent equity stake in Black Diamond Finance.

Black Diamond Finance is a non banking finance conglomerate (NBFC) registered with the Reserve Bank of India (RBI). 
 
According to sources, with effect from Jan. 02, 2009, Black Diamond Finance has become a wholly owned arm of Future Capital.

Incorporated in 2005, Future Capital Holdings is a non-banking financial conglomerate.