Sale of housing finance unit to assist Shriram Finance increase progress capital: S&P International
Divestment of Shriram Finance’s total stake in its housing finance subsidiary is capital accretive for the NBFC and can enhance capital accessible for sooner progress, in line with S&P International. Shriram Finance, on Might 13, accepted the sale of an 84.8 per cent stake in Shriram Housing Finance to an affiliate of PE agency Warburg … Read more