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Small ticket business loans driving Shriram Finance's MSME growth

By Economic Times - 3 months ago
Shriram Finance Ltd anticipated sustained growth in its micro and small enterprises sector, driven by demand for small loans. The company expected a yearly 25% growth in the MSME portfolio. In contrast, the commercial vehicle business saw slower growth. Shriram has diversified its operations and projects a notable rise in MSME loans soon.

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