Shriram Finance, one of India’s largest retail-focused NBFCs, has emerged stronger after a successful merger between group entities – Shriram Transport Finance and Shriram City Union in 2022. After a 10-year lull, where the stock went nowhere, it’s grown from ₹240/share to ₹650/share (2.7X) over the last 24 months. With disbursements growing steadily and funding
Shriram Finance, the flagship company of diversified conglomerate Shriram Group, is set to cross Rs 3 lakh crore in assets during the next financial year starting April 1 with loan growth of 15%.”We expect 15% credit growth for FY26 if the GDP grows at 6.5%. Usually, loan growth is more than 2 times of the
KINGSTON, Jamaica—Opposition Senator Damion Crawford has accused Finance Minister Fayval Williams of “putting Jamaicans at risk”. Crawford made the accusation on Friday during his contribution to the debate on the 2025 Appropriation Bill in the Senate. He was pushing back at statements from both the governing Jamaica Labour Party (JLP) and the media, that the
JAKARTA – Indonesian Finance Minister Sri Mulyani Indrawati, long regarded as one of Asia’s finest finance ministers, is facing mounting pressure after a recent series of problems shook the economy. Her prudent fiscal approach has put her at odds with President Prabowo Subianto, who is five months into his term and pushing for faster economic
Ripple (XRP) has long been a dominant player in the crypto market, especially with its strong institutional backing and role in cross-border payments. However, as 2025 approaches, a new challenger, MUTM stands as a platform that is rapidly capturing attention among top XRP holders and it creates anxiety in this group. MUTM differentiates from Ripple
Thiruvananthapuram: Reaffirming his claim that the state has survived the most intense phase of the economic crisis, Kerala Finance Minister K N Balagopal on Sunday said the state is set to achieve a two-trillion-rupee budget size despite various challenges posed by the Centre. The annual expenditure for the financial year 2024-25 has exceeded Rs 1.75
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Billions of pounds will be at stake for banks this week as the UK’s highest court hears an appeal against a judgment that stunned car finance providers by ruling many of the commissions they paid
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazil is well-placed to weather a trade war as a top exporter of vital commodities with strong links to the world’s big three economic blocs, said finance minister Fernando Haddad. “Brazil is in a privileged
Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and legal accountability. The DeFi founder told Cointelegraph that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information,
Sausalito has fired its finance director on the brink of budget drafting season, but it won’t say why. Chad Hess had held the position since July 18, 2023, after an interim period performing the job, according to the city. His most recent annual salary was $174,573. City Manager Chris Zapata said Hess’ dismissal is a