Shriram Finance plans to raise up to $1.5 billion from foreign investors in FY25, says CEO

Shriram Finance, one of India’s biggest non-banking financial companies (NBFCs), plans to raise up to $1.5 billion from foreign investors in the financial year 2024-25 to diversify its borrowings, news agency Reuters reported, quoting the company’s Chief Executive Officer and Managing Director YS Chakravarti. “We are targeting to raise anywhere between $1.25 billion to $1.5…

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