Shriram Finance Boosts SME Growth with Record AUM

Shriram Finance Ltd reported significant growth in its SME portfolio, with AUM reaching Rs 8,938.61 crore in the October-December 2024 quarter. This reflects an increasing demand from various industries. The company focuses on expanding its branch network and digital lending, aiming for a larger market share in SME lending.

Shriram Finance Ltd, a prominent player in the SME lending sector, announced that it achieved AUM totaling Rs 8,938.61 crore during the October-December 2024 quarter. This marks a notable increase from Rs 5,170.49 crore in the same period last year, indicating heightened demand from manufacturing, automobile, production, and construction industries.

(With inputs from agencies.)