Shriram Finance Considers Yen-Denominated Fundraising to Broaden Borrowing Options

April 28, 2025 - 18:07

By Siddhi Nayak

MUMBAI – Shriram Finance, a prominent Indian non-banking finance company, is actively exploring the option of raising funds in Japanese yen as part of its strategy to diversify its borrowing profile. The company's CEO, YS Chakravarti, shared insights during a recent interview, indicating that discussions regarding this potential move are currently in the preliminary stages.

Chakravarti emphasized the importance of broadening the company's funding sources, stating, "Our team is exploring a possibility if we can borrow from the Japanese currency." This initiative could open up new avenues for financing, allowing Shriram Finance to tap into international markets and potentially benefit from favorable exchange rates.

The move to consider yen-denominated borrowing aligns with a growing trend among Indian firms seeking to enhance their financial flexibility and reduce reliance on domestic funding sources. As discussions progress, stakeholders will be keen to see how this strategy unfolds and its implications for the company's future growth.