Shriram Finance Limited — Updates, 18-12-2024: Press Release

Shriram Finance Limited has achieved a historic milestone by securing the largest multi-currency syndicated loan for an Indian private non-banking financial company (NBFC), amounting to USD 1.277 billion equivalent. The loan, sourced through External Commercial Borrowings (ECB), comprises USD 1,150 million, AED 275 million, and Euro 50 million, showcasing the company’s ability to attract global capital. The transaction, completed with the collaboration of 12 leading banks, features tenors of up to five years, underscoring Shriram Finance's strong position in the international financial market.

This strategic fundraising will support small entrepreneurs and vulnerable groups across India, aligning with the company’s mission for inclusive growth. With Assets Under Management (AUM) of ₹2,43,043 crores, Shriram Finance continues to diversify its funding sources while maintaining cost efficiency. The successful execution of this landmark loan reflects Shriram Finance's robust financial stability and enhancing trust among global lenders, potentially boosting its market positioning. Investors should watch closely for how this funding might further support growth initiatives.