India's Shriram Finance to sell housing finance unit to PE giant Warburg Pincus

India's Shriram Finance to sell housing finance unit to PE giant Warburg Pincus

Photo: Reuters

Indian non-banking financial company Shriram Finance Limited on Monday said, in its board meeting, that it will sell its entire stake in Shriram Housing Finance Limited to private equity (PE) giant Warburg Pincus.