New Delhi, March 4 -- Shriram Finance has recently been in the news for all the right reasons. One, its fund-raising plans. After raising $1.3 billion in December, the highest offshore funding ever raised by a private Indian NBFC (non-banking financial company), the truck financier is in discussions with banks for another $250 million in offshore loans to fuel growth.

Two, the lender is setting the stage to increase its share of the fast-growing EV financing pie. Three, the Piramal group is set to offload its stake in Shriram's insurance businesses. Why this is a good thing, will become clearer in the next section.

Four, lenders received a boost from the regulator last week when the Reserve Bank of India (RBI) rolled back the increase i...