Shriram Finance (SFL), the flagship company of the Shriram Group, has secured External Commercial Borrowing (ECB) from various Multilateral and Bilateral Development Financial Institutions.
The latest facility, availed under SFL’s Social Finance Framework, saw participation from leading global financial institutions, including the Asian Development Bank (ADB), Japan International Cooperation Agency (JICA), and Exim Bank of India (EXIM) with a long tenor financing.
The facility with ADB and JICA is aimed at expanding access to finance for MSMEs, with a particular focus on business loans, electric vehicles (EVs), low-emission commercial vehicles, and financing for women-owned or women-led enterprises. Additionally, SFL’s partnership with EXIM will help support the niche yet vital MSME export sector while diversifying its lending portfolio into new markets.
This transaction marks another significant offshore fundraising milestone for SFL, following its landmark SACE Push facility of $500 million in February and the historic $1.2 billion syndication facility raised in December last year. With this latest transaction, SFL has successfully raised over $2.8 billion in offshore funding in the current financial year, further cementing its leadership in structured finance and sustainable funding initiatives.
Umesh Revankar, Executive Vice Chairman of Shriram Finance, said, “This transaction marks another milestone in our journey to strengthen financial inclusion and sustainable growth. By forging partnerships with esteemed global institutions like ADB, JICA, and EXIM, we are expanding our ability to empower MSMEs, support green financing, and drive economic progress. The confidence shown by these institutions reinforces our commitment to providing innovative financial solutions that create meaningful impact across communities.”
ADB Country Director for India, Mio Oka, said, “This project underscores ADB’s commitment to promoting financial inclusion and sustainable development in India while addressing the financing gap faced by MSMEs. By partnering with Shriram Finance Limited, we will empower MSMEs, particularly women entrepreneurs, and accelerate the transition to electric mobility—an essential step toward reducing air pollution and achieving India’s climate goals.”
