Stock Report

Shriram Finance takes steps to raise Gender Diversity



Posted On : 2023-03-07 19:06:49( TIMEZONE : IST )

Shriram Finance takes steps to raise Gender Diversity

Shriram Finance Limited (SFL) takes steps to raise gender diversity in the organization. SFL currently has over 6300 women employees across functions. At Shriram Finance, the percentage of women employed stands at 11% of the total workforce, and the organization promotes women-friendly HR & hiring policies across departments to hire competent women. The Personal Loans front line department is an end-to-end women workforce of over 1000 women.

SFL has put emphasis on the need to bring in at least 10% of women every year on its prestigious Management Trainee Program. SFL plans to raise the percentage of the women workforce by 20% in the next 3 years and 30% in 5 years.

Benefits that SFL gets from a diverse talent pool:

- Improved financial performance
- Reduced risk
- More challenging and robust decision making
- Increase in the attraction to a wider talent pool.

Shares of Shriram Finance Limited was last trading in BSE at Rs. 1246.25 as compared to the previous close of Rs. 1214.45. The total number of shares traded during the day was 6096 in over 790 trades.

The stock hit an intraday high of Rs. 1249.00 and intraday low of 1221.95. The net turnover during the day was Rs. 7554991.00.

Source : Equity Bulls

Keywords

ShriramFinance INE721A01013 GenderDiversity