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Informist, Thursday, Jun. 12, 2025

--Shriram Capital MD: Shriram Fin to see higher credit growth than peers FY26

--CONTEXT: Shriram Capital is the holding company for Shriram Finance

MUMBAI – Shriram Finance Ltd. is likely to see better credit growth than its "like-to-like" peers in 2025-26 (Apr-Mar), said Subhasri Sriram, managing director of Shriram Capital, the holding company of Shriram Finance. Sriram was speaking on the sidelines of an event in Mumbai on Thursday.

Shriram Finance had reported credit growth of 18% in 2024-25 (Apr-Mar). The non-banking financial company's net profit for FY25 was INR 21.39 billion on revenue of INR 114.54 billion.

On the recent changes to risk weights on loans to NBFCs, Sriram said Shriram Finance was unlikely to see a direct impact. She said the impact on the overall cost of funds would depend on prices of loans being offered by banks.

"We'll go to whoever offers cheaper loans," she said when asked if lower risk weights would lead Shriram Finance to raise a mix of loans availed from banks. She does expect borrowing from banks to turn cheaper due to lower risk weights. At 1234 IST, shares of Shriram Finance were at INR 677.70 per share on the National Stock Exchange, down 1.2% from the previous close.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Anshul Choudhary

Edited by Nishant Maher

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