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Nifty 5024,231.80.64%H 24,265.15 · L 24,184.55|Sensex77,537.720.82%H 77,611.11 · L 77,371|Bank Nifty57,495.90.45%H 57,702.95 · L 57,431.8|USD / INR₹95.690.01%H ₹95.69 · L ₹95.69|Gold Intl (10g)₹1,41,236.080.42%H ₹1,41,488.36 · L ₹1,40,457.73|Silver Intl (1kg)₹2,12,109.471.23%H ₹2,12,586.33 · L ₹2,09,079.12|Crude WTI₹8,272.40.44%H ₹8,319.29 · L ₹8,235.08|Bitcoin₹71,15,1087.89%H ₹73,95,697.54 · L ₹68,34,518.46|Ethereum₹2,24,1015.13%H ₹2,29,851.19 · L ₹2,18,350.81|Nifty 5024,231.80.64%H 24,265.15 · L 24,184.55|Sensex77,537.720.82%H 77,611.11 · L 77,371|Bank Nifty57,495.90.45%H 57,702.95 · L 57,431.8|USD / INR₹95.690.01%H ₹95.69 · L ₹95.69|Gold Intl (10g)₹1,41,236.080.42%H ₹1,41,488.36 · L ₹1,40,457.73|Silver Intl (1kg)₹2,12,109.471.23%H ₹2,12,586.33 · L ₹2,09,079.12|Crude WTI₹8,272.40.44%H ₹8,319.29 · L ₹8,235.08|Bitcoin₹71,15,1087.89%H ₹73,95,697.54 · L ₹68,34,518.46|Ethereum₹2,24,1015.13%H ₹2,29,851.19 · L ₹2,18,350.81|
BreakingRetirees Can Generate ₹4 Lakh Monthly Income From ₹4.5 Crore Corpus Using Mutual Funds1/6
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Syndicated Loan

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Shriram Finance Saves ₹64-86 Crore on ₹10,790 Crore Overseas Loan Post Credit Upgrade
NBFCs

Shriram Finance Saves ₹64-86 Crore on ₹10,790 Crore Overseas Loan Post Credit Upgrade

Shriram Finance has significantly reduced its borrowing costs by ₹64.74 crore to ₹86.32 crore annually on a ₹10,790 crore ($1.3 billion) overseas syndicated loan. This saving, equivalent to 60-80 basis points, was achieved through a 'rate reset clause' in its loan agreement, triggered by an improved credit rating.

2h ago·2 min readListen
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