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Shriram Finance Stock Plunges 7%, Worst Nifty 50 Performer in Two Years
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Shriram Finance Shares Plunge 7%, Biggest Drop in Two Years Amid Regulatory Fears
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CNBC TV18
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19-03-2026, 14:41
Shriram Finance Shares Plunge 7%, Biggest Drop in Two Years Amid Regulatory Fears
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Shriram Finance shares fell 7% on Thursday, March 19, marking its sharpest decline since June 2024 and leading Nifty 50 losses.
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The stock has dropped in three of the last five trading sessions, with high trading volume.
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Reports suggest new leadership rotation rules, similar to those for banks, could extend to large NBFCs.
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Brokerage Macquarie believes Shriram Finance and Bajaj Finance would be most impacted by such regulatory changes.
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Executive Vice Chairman Umesh Revankar, with 14 years on the board, aims to increase new vehicle loans and accelerate AUM growth to 18%.
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