In an interaction with FE Aspire’s Sandeep Soni, the NBFC’s managing director and CEO, Y. S Chakravarti said the company is aiming to double the Rs 19,600 crore AUM (assets under management) in its MSME loan business in three years. “Our core focus after our vehicle business will be funding for MSME, and we expect it to be an incremental business going forward,” according to Chakravarti. At Shriram Finance, we are employing a cluster-based strategy to more effectively target loans to MSMEs while bolstering the firm ground in commercial vehicles and passenger vehicles. While we have concentrated on the southern regions, expansion is also taking place in markets like Odisha, Bihar, West Bengal, Madhya Pradesh, and the Northeast. For the first two to three years in these markets, we are growing cautiously. As the performance of our portfolio improves, we will push for expansion. Geographical expertise is more crucial for MSME loans, which aids in our ability to expand our organization.