Tycoon who gave away $750 million sees profit in loans to poor

R Thyagarajan is the founder of Shriram Group, a multi-billion dollar conglomerate that employs 108,000 people and operates in everything from insurance to stockbroking. Thyagarajan built his fortune extending credit to low-income borrowers shunned by banks.

Aug 9, 2023 - 18:30
Tycoon who gave away $750 million sees profit in loans to poor
R Thyagarajan is the founder of Shriram Group, a multi-billion dollar conglomerate that employs 108,000 people and operates in everything from insurance to stockbroking. Thyagarajan built his fortune extending credit to low-income borrowers shunned by banks.