Shriram Finance Ltd., established in 1974 and headquartered in Mumbai, is a leading financial services provider focused on meeting the diverse financial needs of individuals and businesses across India. The company offers a wide range of products, including vehicle finance, personal loans, and insurance services, catering to both retail and corporate customers.
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Shriram Finance entered the bond market in 2016, actively supplying fixed-income opportunities to investors. Notably, in 2020, the company issued a significant ?1,500 crore bond, aimed at refinancing existing liabilities and supporting its growth strategy. Currently, Shriram Finance's bonds yield competitive rates, typically outperforming industry averages, thanks to their robust credit ratings and investor-friendly features such as call options. The company's proactive approach has attracted attention, especially with its recent upgrades in credit ratings reflecting heightened investor confidence.