Shriram Finance Limited, the flagship company of the Shriram Group, has achieved a historic milestone by raising USD 1.277 billion through a multi-currency External Commercial Borrowing (ECB) transaction. This is the largest-ever syndicated ECB loan secured by an Indian private non-banking financial company (NBFC). The loan, structured in USD, EUR, and AED, was arranged in collaboration with 12 leading global banks, including the International Finance Corporation (IFC).

The deal underscores SFL’s expertise in navigating complex international financial markets while diversifying its funding sources efficiently. The funds raised will be used to support small entrepreneurs and vulnerable groups in India, aligning with SFL’s mission of fostering inclusive growth.

Notable institutions involved include DBS Bank, First Abu Dhabi Bank, HSBC, MUFG Bank, and Standard Chartered, among others. This facility also expands SFL’s global lender base, with several institutions participating for the first time.

This achievement further strengthens SFL’s position in the global financial landscape, building on a strong track record of successful fundraising. With an AUM of ₹2.43 lakh crores, SFL continues to lead as one of India’s largest retail NBFCs, offering a wide range of credit solutions to underserved segments.

TOPICS: Shriram Finance