Thu, December 19, 2024
[ Thu, Dec 19th 2024 ]: devdiscourse
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[ Thu, Dec 19th 2024 ]: Forbes
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[ Thu, Dec 19th 2024 ]: inc42
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[ Thu, Dec 19th 2024 ]: The Straits Times
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[ Thu, Dec 19th 2024 ]: Business Times
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[ Thu, Dec 19th 2024 ]: Business Line
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[ Thu, Dec 19th 2024 ]: The New York Times
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[ Thu, Dec 19th 2024 ]: Business Standard
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[ Thu, Dec 19th 2024 ]: The Financial Express
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[ Thu, Dec 19th 2024 ]: Fortune
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[ Thu, Dec 19th 2024 ]: The Irish Times
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[ Wed, Dec 18th 2024 ]: The Daily Star
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[ Wed, Dec 18th 2024 ]: India Today
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[ Wed, Dec 18th 2024 ]: moneycontrol.com
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[ Wed, Dec 18th 2024 ]: MSN
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[ Wed, Dec 18th 2024 ]: The New York Times
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[ Wed, Dec 18th 2024 ]: USA Today
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[ Wed, Dec 18th 2024 ]: Business Standard
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Shriram Finance raises offshore loan for $1.28 billion

Shriram Finance has secured an offshore loan amounting to $1.28 billion, which includes a $150 million loan from HSBC, $100 million from Bank of Baroda's IFSC unit, and $75 million from Union Bank of India's Sydney branch. This funding is part of a broader strategy to diversify its funding sources and manage its asset-liability balance. The loans are structured with a three-year term and a one-year grace period, aimed at supporting the company's growth and operational needs. This move also reflects Shriram Finance's proactive approach in tapping into international markets for capital, amidst a backdrop of increasing demand for credit in India.

Read the Full The Financial Express Article at:
[ https://www.financialexpress.com/business/banking-finance-shriram-finance-raises-offshore-loan-for-1-28-billion-3694809/ ]