Shriram City Media: A Guide to Finance & Investment

NEWS

EV two-wheeler gaining traction in rural markets

People in tier II & III centres have started preferring electric two-wheelers. Contrary to popular belief, adoption of electric two-wheelers is an uptrend in semi-urban & rural areas because of subsidised power, which helps users to cut the running cost of a vehicle, according to Shriram City Union Finance’s (SCUF’s) managing director & chief executive officer Y.S. Chakravarti. A lot of demand is coming from rural & semi urban areas.

Hindustan times, 19th July 2022

Shriram Group to create India's largest retail NBFC

By the third quarter of this financial year, the non-banking financial firms of the Shriram Group are most likely to be merged. It will lead in the country's biggest retail NBFC. top corporate representatives claim. In December 2021, the Chennai-based Shriram Group announced that two NBFCs would merge. Shriram City Union Finance Ltd has received the shareholders’ approval.

BizzBuzz , 18th July 2022

Shriram group cos amalgamation may be completed by Q3

Shriram group’s non-banking financial entities are most likely to get amalgamated by the third quarter of this financial year. According to top company officials. Chennai based Shriram group had announced the merger of two non-banking finance companies (NBFC’s) in December 2021, which will create the largest retail NBFC in the country. Shriram Group will cater to lending life insurance, general insurance, broking & asset management after the merger.

Mint, 18th July 2022

Welcome relief for NBFCs, and borrowers

NON-BANKING FINANCIAL COMPA-F'ilES (F'i BFCs) play a critical role in the Indian economy by providing access to funds to the last-mile customer. NBFCs provided credit of a sizable nature, amounting to over 126 lakh crore

Financial Express, 3rd March 2022

Budget should focus on rural development, MSMEs

Measures such as extending ECLGS, relaxing tax and audit compliances, reviving CLSS for technology up-gradation, increased skill development, and greater ease of doing business will support the small business ecosystem.

The Economic Times, 28th January 2022

Shriram City records highest-ever 2-wheeler loans of Rs 1,022 cr in November

Shriram City Union Finance, the Chennai-based leading two-wheeler NBFC and part of Shriram Group, has disbursed the highest ever loans amounting to Rs 1,022 crore to 1.6 lakh

Financial Express , 3rd December 2021

Is investing in Corporate FDs a good option to build your corpus?

Money doesn’t grow on trees, but the right savings and investment plans can help it grow. The pandemic has triggered a great deal

Financial Express, 23rd November 2021

Shriram City Union Finance declares 100% interim dividend

The board of directors of Shriram City Union Finance on Wednesday approved an interim dividend payout of Rs 10 per share or 100% to the shareholders of the company.

THE TIMES OF INDIA, 28th October 2021

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

The Hindu Business Line, 11th August 2021

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 to be 55% of AUM, but it has come down

The Hindu, 7th August 2021

Shriram City Union to focus on SME, bike loans

The Hindu, 7th August 2021

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

Free Press Journal, 14th September 2020

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

MEDIA

PRESS RELEASE

MEDIA INTERACTION

TV interview of

Mr. Y.S.CHAKRAVARTI - ZEE BUSINESS

10th May, 2022

TV interview of

Mr. Y.S.CHAKRAVARTI of SCUF discusses the launch of gold loan

10th May, 2022

TV interview of

Mr. Y.S.CHAKRAVARTI - FPJ

10th December, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - ET Now

23rd November, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - CNBC TV 18 Bazaar

16th November, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - CNBC TV18

28th October, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - CNBC Bazaar

28th October, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - ZEE BUSINESS

09th September, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV

19th August, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - ET Now

02nd August, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - CNBC Bazaar

02nd August, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV 18

08th May, 2021

TV interview of

Mr.Y.S.CHAKRAVARTI - Zee Business

08th May, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV 18

26th March, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV 18

19th February, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - ET NOW

02nd February, 2021

TV interview of

Mr.Y.S.Chakravarti - FPJ

29th January, 2021

TV interview of

Mr.Y.S.Chakravarti - FPJ

25th January, 2021

TV interview of

Mr.Y.S. Chakravarti - ET NOW

05th January, 2021

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV 18

24th November, 2020

TV interview of

Mr. Y.S.CHAKRAVARTI - ZEE BUSINESS

03rd November, 2020

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV 18

03rd November, 2020

TV interview of

Mr. Y.S.CHAKRAVARTI - CNBC TV 18

27th October, 2020

TV interview of

Mr. Y.S.CHAKRAVARTI - ET NOW

08th October, 2020

TV interview of

Mr. Y.S.CHAKRAVARTI - ET NOW

04th September, 2020

TV interview of

Mr. Y.S.CHAKRAVARTI - ET Now