India’s largest retail non-banking financial company (NBFC) - Shriram Finance - is seeing micro, small, and medium enterprises (MSMEs), gold and personal loans as keys to unlocking its growth potential. The company’s Managing Director and Chief Executive Officer Y S Chakravarti, in conversation with Shine Jacob, talks about its expansion strategy, plans to sell stake in the housing finance arm, and the road map to achieving assets under management (AUM) of Rs 2 trillion.
Do you have plans to sell 15 per cent stake in Shriram Housing Finance?
We have not decided on the 15 per cent figure. We had infused about Rs 500 crore as capital before the merger. In the next nine to 10 months, it may need capital the way its business is growing. The debate is whether we should infuse more capital or invite a partner. Multiple people have shown interest, in
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