Shriram Finance plans to raise $1 billion from overseas in next 6 months

Shriram Finance plans to raise USD 1 billion internationally over the next six months for business growth. Initially, it will secure USD 300 million, followed by an additional USD 500-700 million. Funding sources include development financial institutions like Asian Development Bank and DFC. Loan growth is projected at 15-16% for the current financial year.