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Shriram Finance Limited ( (IN:SHRIRAMFIN) ) has issued an announcement.
Shriram Finance Limited has raised over USD 306 million through External Commercial Borrowings from leading global financial institutions, including the Asian Development Bank, Japan International Cooperation Agency, and Exim Bank of India. This move enhances SFL’s leadership in offshore fundraising and supports its commitment to financial inclusion and sustainable development. The funds will be used to empower India’s MSME sector, focusing on business loans, electric vehicles, low-emission commercial vehicles, and women-led enterprises, while also supporting the MSME export sector.
More about Shriram Finance Limited
Shriram Finance Limited (SFL) is a prominent player in the financial services industry, focusing on providing financial solutions to underserved communities. It is part of the Shriram Group and is known for its strategic focus on diversifying funding sources and optimizing costs.
YTD Price Performance: 6.71%
Average Trading Volume: 120,893
Current Market Cap: 1165.1B INR
For an in-depth examination of SHRIRAMFIN stock, go to TipRanks’ Stock Analysis page.