NEW DELHI, Apr 15: Shriram Finance on Wednesday said its wholly owned subsidiary Shriram Overseas Investments Ltd has received in-principle approval from RBI to commence Primary Dealer (PD) business.
“Shriram Overseas Investments Limited, wholly owned subsidiary of the Company, has received today i.e., April 15, 2026, an in-principal approval to commence Primary Dealer (PD) business from Reserve Bank of India, subject to compliance with the conditions,” Shriram Finance said in a regulatory filing.
Shares of Shriram Finance closed at Rs 1,020.95, up 1.67 per cent, on BSE. (PTI)
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