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2024

Warburg Pincus to inject Rs 1200 crore in Shriram Housing Finance, more than its earlier plan

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Warburg Pincus is investing Rs 1,200 crore in Shriram Housing Finance, exceeding its initial commitment by 20%. This follows Warburg Pincus's Rs 4,630 crore acquisition of the lender, marking the largest housing finance sector M&A deal. The added capital will fuel Shriram Housing Finance's growth, building on its impressive AUM growth and low NPA ratio.