Stock Report

Shriram Finance Ltd executes co-lending agreement with SIDBI for MSMEs



Posted On : 2023-12-07 22:09:47( TIMEZONE : IST )

Shriram Finance Ltd executes co-lending agreement with SIDBI for MSMEs

Shriram Finance Limited ("the Company") has today i.e. December 7, 2023 executed a Master Agreement for co-lending of loans to Micro, Small and Medium Enterprises (MSMEs) Borrowers under the scheme of co-lending by way of back-to-back assignments of loans / loan portfolios in tranches with SIDBI in accordance with Guidelines issued by the Reserve Bank of India in this regard.

Shares of Shriram Transport Finance Company Limited was last trading in BSE at Rs. 2033.65 as compared to the previous close of Rs. 2055.90. The total number of shares traded during the day was 22367 in over 1432 trades.

The stock hit an intraday high of Rs. 2065.25 and intraday low of 2007.15. The net turnover during the day was Rs. 45759818.00.

Source : Equity Bulls

Keywords

ShriramFinance INE721A01013 Colending MSMEs SIDBI