Shriram Finance announces green finance vertical, aims Rs 5,000 crore under AUM in 4 years

Shriram Finance launched a new green finance vertical with a Rs 5,000 crore AUM target over four years. The initiative will focus on financing electric vehicles, charging stations, and renewable energy products. The company aims to increase its electric two-wheeler financing market share from 7% to 20% and will initially target Karnataka, Kerala, NCR, and Maharashtra.