May 20, 2024
Finance

Shriram Finance shares advance over 5% on Warburg Pincus deal | Business News

Shares of financial services firm Shriram Finance advanced over 5 per cent after the NBFC announced the sale of its housing finance arm, Shriram Housing Finance (SHF), to private equity major Warburg Pincus for Rs 4,630 crore. The company said it wants to focus on vehicle finance and small business lending. The stock advanced 5.13

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