PRESS RELEASE

Shriram Capital Limited, Shriram City Union Finance Limited and Shriram Transport Finance Company Limited announce Merger Merged entity to be the Largest Retail Finance NBFC in India

Mumbai, December 13, 2021: Shriram Transport Finance Limited (STFC), India’s largest Commercial Vehicle Financier and Shriram City Union Finance Ltd. (SCUF), India’s premier diversified NBFC in the underserved segment and their Promoter entity Shriram Capital Limited (SCL) announced that the boards of directors of STFC, SCUF & SCL, at their respective board meetings held on 13th December 2021, approved the merger of SCL & SCUF with STFC.

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Shriram City Union Finance Launches Express Two-Wheeler

Chennai, September 07, 2021: Shriram City Union Finance Ltd. (Shriram City), India’s largest two-wheeler financer (number of 2W financed) and part of the Shriram Group, has launched an AI-enabled lending platform - Express Two-wheeler Loans (E2L). The platform will allow instant loan approval of up to 100 percent on-road price of the two-wheelers.

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NEWS

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 two-wheelers in November 2021.

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

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Diana Monteiro

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