Shriram City Media: A Guide to Finance & Investment

NEWS

EV disruption in 2-wheeler space will not impact our market leadership

Driven by powerful environmental, macroeconomic and technological factors, the transportation sector is in a period of historic transition. Shriram City Union Finance (Shriram City), India's largest 2-wheeler financer

The Hans India, 19th September 2021

Shriram City looks to disburse up to Rs 23,000 cr in FY22

Mumbai, Aug 30 (PTI) Chennai-based non-banking finance company Shriram City Union Finance (Shriram City) is eyeing total disbursements of Rs 22,000-23,000 crore in the current financial year, a top company official said

Non-bank lenders eye electric vehicle financing to grow business

Non-bank lenders are eyeing the electric two-wheeler space to grow disbursements. Shriram City Union Finance NSE 0.12 % is tying up with Ola Electric which recently unveiled electric scooters ranging upwards of Rs 1 lakh.

Shriram City expects to return to pre-Covid levels by Q2

Shriram City Union Finance (SCUF) expects to return to the pre-Covid level of disbursements by the second quarter of this fiscal, hacked by a steady pick up in demand across two-wheeler loans, loan against gold, personal loans and MSME finance. According to YS Chakravarti, MD and CEO, Shriram City Union Finance

Shriram City to focus on SME, bike loans

Shriram City Union Finance Ltd. will focus on small and medium enterprises and two-wheeler disbursements to grow its assets under management (AUM) by 12-15% during FY22, a top official said. “Our loan book of SMEs used to be 55% of AUM, but it has come down to 49% in Q1 due to sporadic lockdowns,”

Shriram City Union to focus on SME, bike loans

Shriram City Union Finance Q1 net profit up 8%

Shriram City Union Finance Q1 net profit up 8% at Rs.208 crore as on June 30,2021, as compared to the corresponding period last year. Total income has increased marginally to Rs 1,496 crore in this quarter, as against Rs 1,415 crore in the same

Online loan collection is the way forward post lockdown: SCUF chief

In a Q&A, Y S Chakravarti, MD & CEO, of SCUF says his company expects its customers to come back on track within six to nine months after the lockdown is lifted. Chennai-based non-banking finance company (NBFC)

Shriram City Union Finance signs MoU with BIHER for upskilling employees

Shriram City Union Finance, a non-banking financial company signed a MOU with Bharath Institute of Higher Education and Research (BIHER)), a regional multi-disciplinary University in Chennai

Shriram City Union Finance to infuse Rs 500 crore in Shriram Housing Fin

Mortgage financier Shriram Housing Finance (SHFL) Friday said its promoter Shriram City Union Finance NSE 1.83 % will infuse Rs 500 crore in the company. Shriram City Union Finance (SCUF) has

Shriram City Union Finance - Stable Performance On Asset Quality In Q4; Disbursements Recover: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages

Shriram City Union Finance rallies 11% after Q4 profit doubles

Shares of Shriram City Union Finance NSE 4.19% on Monday jumped 11 per cent after the company reported a nearly two-fold rise in consolidated net profit for the last quarter of fiscal ended March 2021.

Digital Lending Surge in India

Many fintech players have begun tapping the small ticket consumer credit segments. Smartphone penetration and cheaper data availability have helped script the growth for these fintech lending platforms, that enjoy a market share of 40 per cent within

Indian Shadow Lender Shriram May Seek Investor for Housing Unit

Shriram City Union Finance Ltd., an Indian shadow lender backed by Apax Partners, may seek investors to fund growth at its housing finance unit. Shriram Housing Finance would need about 5 billion rupees

Shriram City Union Finance aims to disburse Rs 6,000 crore in March quarter

"In January, we have done well both in the two-wheeler and SME segments. Looks like the fourth quarter is going to be on par or on the same trajectory of Q3. Disbursements will be over Rs 6,000 crore," said CEO

Give Sops to Construction and Housing Industry

The best way to revive the economy will be to stimulate demand. To stimulate demand, YS Chakravarthy, MD & CEO of Shriram City Union Finance urged the government to increase government spending..

FD Schemes Of Shriram City Insulate Depositors Against Risk On Investment Along With Offering Best Interest Rate_BusinessWorld

Fixed Deposits (FDs) have emerged as the best products to grow one's investment in a risk-free and secure way.

FD Schemes of Shriram City Insulate Depositors Against Risk on Investment Along with Offering Best Interest Rate_Yahoo

India’s leading deposit accepting NBFC, “Shriram City” offers best interest rate on Fixed Deposits with additional benefits for senior citizens

FD Schemes of Shriram City Insulate Depositors Against Risk on Investment Along with Offering Best Interest Rate_Outlookindia

Fixed Deposits (FDs) have emerged as the best products to grow one’s investment in a risk-free and secure way.While FDs are

FD Schemes of Shriram City Insulate Depositors Against Risk on Investment Along with Offering Best Interest Rate_TheWeek.in

India’s leading deposit accepting NBFC, “Shriram City” offers best interest rate on Fixed Deposits with additional benefits for senior citizens

NBFCs will grow by 15 percent next year: YS Chakravarti, MD & CEO

NBFCs have seen the industry go through a turmoil during the past few years and right now it is the COVID-19 impact. But these NBFCs have been able withstand the test of time, says YS Chakravarti, MD &

‘Doubled disbursement in Q3 sequentially, momentum sustainable’: YS Chakravarti, MD & CEO

In December, we touched the pre-Covid level, and November was also okay. Overall, for the third quarter, I would say the collection efficiency

Aided by two-wheeler loans, Shriram City sees strong growth in Q3 disbursements

Shriram City Union Finance Ltd, a leading NBFC in the retail financing space, will see its disbursements doubling in Q3 when compared to the preceding quarter, aided by strong growth

Shriram City MD says home fin arm eyeing retail assets, bid for a co

A subsidiary of Shriram City Union has made a non-binding bid for a retail-focused home loan company, Managing Director and Chief Executive Officer Y.S. Chakravarti said.

Here's what key voices from the world of business and market

Here are the insights of the top business and marketing insights from the top business leaders! You can gain a better understanding of it for making sure you cross this recession

YS Chakravarti Commenting about TLTRO Flexibility

Earlier TLTRO can be subsumed into the proposed one by pre-closing earlier one and extended under the present one. So, this will make available more money to NBFC and HFCs rated below AAA.

Co-origination game-changer for NBFCs, HFCs: ShriramCity

Shriram City Union Finance (ShriramCity) has said the Reserve Bank of India (RBI)’s renewed thrust on co-origination of loans can be a game-changer for both non-banking financial companies

Co-origination game-changer for NBFCs, HFCs: ShriramCity

Shriram City Union Finance (ShriramCity) has said the Reserve Bank of India (RBI)’s renewed thrust on co-origination of loans can be a game-changer for both non-banking financial companies

NBFCs' Better Collections in Sept Indicate Recovery

In a break from all the covid gloom, top NBFCs have reported a positive trend in collections, post-moratorium. It is not a V-shaped recovery, but offers some optimism for the pressured segment.

Empowering the underserved: YS Chakravarti, MD & CEO

A charismatic leader, Mr. Y.S. Chakravarti is driven by the idea of transforming the lives of millions through the services of Shriram City Union Finance that ensures financial

Challenges lie ahead for Indian authorities aiming to restore stability

Authorities in India are walking a tighrope as they graple with the economic fallout of the coronavirus pandemic alongside the need to conserve limited government finances

Shriram City Union Finance Launches Fixed Deposit Scheme

Shriram City Union Finance (Shriram City), one of India’s leading deposits accepting NBFCs, has announced a high yield fixed deposit (FD) scheme to benefit its potential clientele

Shriram City Union Finance Ltd. declares June 2020

Leading Small Business financier Shriram City Union Finance Limited has declared its results for the first quarter of Financial year 2021 with Standlone Net Profit, although lower

Shriram City Union Finance spurts 3.5% despite of Q1 net

Leading Small Business financier Shriram City Union Finance Limited (Shriram City) has declared its results for the first quarter of Financial Year 2021. In a quarter affected by the

Shriram City Union rises 4% as June quarter profit shows

Shares of Shriram City Union Finance rose as much as 4.43 per cent to Rs 692 on the BSE on Wednesday after the announcement of its results for the June quarter of FY21 (Q1FY21).

India’s small firms are staring into the abyss - Livemint

Telephonic Interaction of Mr Y S Chakravarti, MD &CEO, Shriram City Union Finance with Mint National Editor Mr Goutam Das on 'India’s small firms are staring into the abyss'.

Online loan collection is the way forward post lockdown

We have close to 12,000 sales and collection executives on whose mobiles we pushed customers' data. They started calling the customers, explaining the features of the

Shriram City Union Finance Ltd - RPTS for March 31 2020

The disclosures of RPTS on consolidated basis for the half year ended March 31 2020. This is an intimation under Regulation 23(9) of the Securities and Exchange Board

MEDIA

PRESS RELEASE

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