Shriram Finance has executed a Master Agreement for co-lending of loans to Micro, Small and Medium Enterprises (MSME) borrowers under the scheme of co-lending by way of back-to-back assignments of loans/ loan portfolios in tranches with Central Bank of India in accordance with Guidelines issued by the Reserve Bank of India in this regard.
The risk sharing ratio of the loan shall be as per the Master Agreement. The Company shall also act as the Servicer and the collections/monitoring will be managed by the Company. The Bank shall pay Servicer fees in terms of Servicer Agreement dated July 31, 2024 executed between the Bank and the Company.
Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.
Company Name | CMP |
---|---|
Bajaj Finance | 6836.60 |
Shriram Finance | 2871.75 |
Aditya Birla Capital | 186.20 |
SBI Cards AndPayment | 687.35 |
Mah & Mah Finl. Serv | 266.40 |
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