Shriram Finance raising $500 mn via offshore vehicle, gets anchor investor

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Non-bank financial company Shriram Finance Ltd is raising as much as $500 million (Rs 4,170 crore) through an offshore vehicle will help it lend to micro, small and medium enterprises in rural regions and low-income states.  The shadow lender, which counts Singapore sovereign wealth fund GIC as a shareholder, has also brought on board International Finance ......