Shriram Finance Expects Better Credit Growth In 2025-26, Says Group MD

Shriram Finance Ltd. is likely to see stronger credit growth than its like-for-like peers in 2025-26, said Subhasri Sriram, managing director of Shriram Capital, the holding company of Shriram Finance. She was speaking at an event in Mumbai on Thursday.

The non-bank lender reported credit growth of 18% in 2024-25, with a net profit of ₹21.39 billion on revenue of ₹114.54 billion.
On the recent revision of risk weights on loans to NBFCs, Sriram said the move is unlikely to directly impact Shriram Finance.

However, the overall cost of funds would depend on bank lending rates.

“We'll go to whoever offers cheaper loans,” she said, adding that borrowings from banks are expected to become more attractive due to the lower risk weights.