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Indian financial services conglomerate
Shriram Group is an Indian financial services conglomerate, headquartered in Chennai. It was founded on 5 April 1974 by R. Thyagarajan, AVS Raja and T. Jayaraman. The group had its beginning in chit funds business and later on entered the lending and insurance businesses.
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Shriram Finance Ltd (SFL) has decided to up interest rates on Fixed Deposits (FDs) up to ₹10 crore across various maturity buckets by up to 40 basis points with effect from October 11th in the wake of the Reserve Bank of India’s monetary policy committee raising the repo rate by 25 basis points.Th…
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Revised rates to take effect from October 11; 24–35 months and 15 months digital fixed deposits to earn 7.5%.