Margins compressed, growth intact: What’s next for Shriram Finance? | Smart Stocks News
When the IL&FS crisis hit in late 2018, India’s NBFC sector was thrown into disarray. Liquidity dried up, credit growth stalled, and confidence in shadow banks took a big hit. Shriram Transport Finance, then focused mostly on used commercial vehicle (CV) loans, was no exception. The stock dropped sharply, not just because of refinancing worries