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Shriram Finance Limited ( (IN:SHRIRAMFIN) ) just unveiled an announcement.
Shriram Finance Limited has successfully raised over USD 500 million through a landmark External Commercial Borrowing SACE Push loan facility, marking the largest such loan facility ever secured by an Indian NBFC from SACE, an Italian export credit agency. This transaction underscores SFL’s leadership in offshore fundraising, its ability to diversify funding sources, and its strategic alignment with sustainable business growth. With participation from leading global financial institutions, the facility enhances SFL’s capacity to finance Italian vehicles under its Social Finance Framework, demonstrating the company’s operational strength and commitment to financial inclusion and economic development.
More about Shriram Finance Limited
Shriram Finance Limited (SFL) is one of India’s largest non-banking financial companies (NBFC) and the flagship company of the Shriram Group. It focuses on providing financial services, specifically in the realm of social finance, and has a strong reputation for offshore fundraising and strategic diversification of funding sources.
YTD Price Performance: -7.32%
Average Trading Volume: 114,184
Current Market Cap: 1053.9B INR
Find detailed analytics on SHRIRAMFIN stock on TipRanks’ Stock Analysis page.