ICICI Securities maintains a BUY rating on Shriram Finance (SFL), setting a target price of Rs 1,225. The brokerage anticipates SFL will lead the NBFC sector in five years, projecting a 100 basis point reduction in borrowing costs and a 10-20 basis point decrease in credit costs. SFL aims to accelerate credit growth to 20% and expand its long-term Return on Assets (RoA) to 3.6%.