Private markets investment firm Siguler Guff and Company on Monday announced it has invested Rs 240 crore for an approximate 3.5 per cent ownership stake in Spandana Sphoorty Financial Ltd, a Hyderabad-based microfinance Non-Banking Financial .
Shriram Finance offers a variable interest rate between 7.8% and 8.6% per annum on fixed deposits, starting at 7.8% for a 12-month tenure, increasing to 7.95% for 18 months, and reaching 8.10% for a 24-month tenure.
Shriram Finance offers interest rate on fixed deposit in the range of 7.8 to 8.6 percent per annum. The interest rate is 7.8 percent on 12-month deposit, it rises to 7.95 percent when the tenure is 18 months. This further rises to 8.10 percent when the tenure is 24 months.
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