Shriram Finance expects cost of funds to fall 1% following capital infusion from MUFG

Shriram Finance expects cost of funds to fall 1% following capital infusion from MUFG

Summary

Shriram Finance plans to use about 50% of the proceeds to restructure its liabilities and the remaining to push lending in existing segments.

Description

Shriram Finance plans to use about 50% of the proceeds to restructure its liabilities and the remaining to push lending in existing segments.

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