Bureau Report: Sriram Group founder R Thiagarajan has donated all his assets except his small house and a $5,000 car to some employees. Thiagarajan said I have donated 750 million i.e. 6 thousand crores. But this is not a new thing. However, he did not tell when he made this donation.
Thiagarajan said that I am a little leftist but I want to eliminate something bad from the lives of those people who are involved in troubles. Along with this, Thiagarajan said that I have come to the finance industry to prove that people with no credit history and regular income are not as dangerous as it is believed to be.
Giving loans to the poor is a form of socialism
R Thiagarajan said that giving loans to the poor is a form of socialism. We tried to give loans to people at cheap interest rates. In the interview, Thiagarajan told how Sriram Group is different. He said that the group has not seen the credit score of the people. Sriram Finance is one of the non-banking finance companies in India that provides various types of loans from personal loans, business loans, car loans. Along with this, company insurance is also done.
Sriram Finance has earned a profit of 1675 crores in the first three months of 2024 with an annual growth of 25 percent. Last year the company had a profit of 1338.95 crores.
The post The owner of the company donated 6 thousand crores to the employees! appeared first on The Khalas Tv.
[ad_2]
Source link