Shriram Group
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Indian Tycoon Gave Away $750 Million. He Doesn't Even Own A Mobile Phone
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.
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Shriram Group, IDFC In Talks To Create Rs 65,000 Crore Financial Giant
IDFC Bank's Rajiv Lall said they hope to complete the merger in 12 months, excluding the exclusive 90-day period, if all regulatory approvals come in.
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Indian Tycoon Gave Away $750 Million. He Doesn't Even Own A Mobile Phone
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.
-
Shriram Group, IDFC In Talks To Create Rs 65,000 Crore Financial Giant
IDFC Bank's Rajiv Lall said they hope to complete the merger in 12 months, excluding the exclusive 90-day period, if all regulatory approvals come in.
