Debt financing
Shriram Finance raises $306-M in ECBs from ADB, others
Mumbai-based, publicly listed Shriram Finance (SFL) has raised a External Commercial Borrowings (ECB) from various multilateral and bilateral development financial institutions, including the Asian Development Bank (ADB), Japan International Cooperation Agency (JICA), and Exim Bank of India (EXIM).With this latest transaction, SFL has raised over USD 2.8 Billion in offshore funding in the current financial year.
Between June 2004 and Dec 2024, Shriram Finance had attracted about USD 1.98 Billion from IFC, Piramal Enterprises, TPG Capital, FMO and Reliance Capital.For FY24, Shriram Finance had reported about INR 36,380 Cr in Operating Income and about INR 7,399 Cr in PAT.
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