Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 49)
49.
What is the new name of Shriram Housing Finance following its rebranding?
HomePlus Finance
Truhome Finance
SafeNest Finance
UrbanNest Finance
Answer: Option
Explanation:
Shriram Housing Finance has rebranded itself as Truhome Finance after being acquired by Warburg Pincus and Qatar Investment Authority (QIA), with a ₹1,225 crore investment. This strategic rebranding aligns with the company’s vision to enhance accessibility to affordable home loans, particularly in Tier 2 to Tier 4 cities. The new identity underscores a commitment to trust, transparency, and customer-centric services while setting ambitious growth targets for assets under management and disbursements. The initiative also aims to boost the company’s presence in non-metro regions, making homeownership more accessible across India.
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