Shriram Transport Finance Company has received an approval for raising of funds through upsizing the existing Medium Term Note Programme established for Rs 5,000 crore to a Global Medium Term Note Programme up to $ 2 billion by way of public/ private issue of debt securities in international markets and External Commercial Borrowings up to $750 million.
The Board of Directors of the company at their meeting held on April 03, 2019, approved the same.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.