Shriram Finance shares fall 7%, the most in two years to lead Nifty 50 losses
Published on 19/03/2026 02:41 PM
Shriram Finance shares fall 7%, the most in two years to lead Nifty 50 lossesThe decline marks the stock's sharpest fall since June 2024, and it has now dropped in three of the last five trading sessions.By CNBCTV18.com March 19, 2026, 2:41:10 PM IST (Published)2 Min ReadShares of Shriram Finance Ltd. declined as much as 7% on Thursday, March 19, making it the top loser on the Nifty 50 index.
The decline marks the stock's sharpest fall since June 2024, and it has now dropped in three of the last five trading sessions.
Trading activity remained strong, with around 70 lakh shares changing hands so far, of which 62% were marked for delivery.
Meanwhile, private banks are subject to stricter regulatory norms, including a 15-year cap for executive directors on the board and an upper age limit of 70 years. Their compensation structures also require approval from the RBI.
In contrast, NBFCs currently do not need regulatory approval for leadership tenure or compensation.
Recent reports suggest that similar leadership rotation rules could soon be extended to large NBFCs.
According to brokerage firm Macquarie, such a move would eliminate the existing regulatory arbitrage between banks and NBFCs. The brokerage believes Shriram Finance and Bajaj Finance could be the most impacted.
At Shriram Finance, Umesh Revankar has spent 14 years on the board, with his current tenure ending in October 2029.
Earlier this year, Shriram Finance Executive Vice Chairman Umesh Revankar told CNBC-TV18 that the company plans to increase the share of new vehicle loans in its portfolio from about 10% to 15%, as part of its strategy to retain long-term customers and drive asset growth.
Revankar said that customers often move to banks or other lenders when upgrading to new vehicles due to higher ticket sizes and pricing, and the company aims to retain such customers within its ecosystem.
He added that improved retention could help accelerate growth in assets under management (AUM), with a target to raise AUM growth from around 15% to 18% over the next few financial years.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.TagsShriram Finance