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The Economic Times
The Economic Times
Business

Shriram Finance eyes doubling gold loan book share to 5% in three years

Shriram Shriram Finance Gold MSME Umesh Revankar MUFG

Mumbai: Shriram Finance is aiming to double gold loans' contribution in the overall loanbook to 5 per cent over the next three years, joining a slew of lenders ramping up focus in the more secure and high-value retail segment.

The non-bank lender is also keen to increase the share of micro, small and medium enterprises in the overall loan portfolio over the medium term to 20 per cent, a top official has said.

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