Shriram Finance Limited — Important, 13-08-2025: General Updates
13-08-2025 | 07:43 pm
13-08-2025 | 07:43 pm
Shriram Finance's wholly-owned subsidiary, Shriram Overseas, sought a license from the RBI to enter the Primary Dealership business, which involves dealing in government securities. However, the Reserve Bank of India has denied this application. This development affects the company's strategy to diversify its operations. Shriram Overseas intends to pursue further discussions with the RBI regarding this decision, aiming to move forward with its plans.
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