Shriram Finance expects rating upgrade following merger2 min read . Updated: 05 Dec 2022, 05:54 PM IST
- Shriram Finance will be a diversified player with a net worth of ₹40,900 crore, assets under management of ₹1.71 trillion, and more than 6.7 million customers
MUMBAI: Shriram Finance Ltd., the merged non-bank financer of the Shriram group, expects a credit rating upgrade to AAA due to diversification of its merged portfolio, ultimately allowing it finer pricing on borrowings, said the lender’s executive vice-chairman Umesh Revankar.
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