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Shriram Housing Finance Limited (SHFL), a leading affordable housing finance company, and International Finance Corporation (IFC), a member of the World Bank, today announced a partnership to launch an affordable green housing lending product for self-constructed homes. The project will deploy IFC’s Excellence in Design for Greater Efficiency (EDGE) certification tool for the affordable self-construction segment customers and impact monitoring tool (CAFI) for reporting of green affordab...
Shriram Housing Finance Partners with IFC to Promote Green Affordable Housing Finance in India
Below is Quote on the RBI Monetary Policy Expectation Mr. Ravi Subramanian, MD & CEO, Shriram Housing Finance "As the central banks of the developed economies such as the US Fed, European Central Bank and Bank of England have continued with hiking rates, we expect the MPC to follow with a hike of 25bps or lesser this week. consumer prices and core inflation have remained high and are a cause of concern. As the prevailing economic scenario calls for higher rates, we expect the...
View on RBI Monetary Policy Expectation By Mr. Ravi Subramanian, Shriram Housing Finance
Indian shadow lender Shriram Finance is looking to pare as much as 15% stake in its housing finance arm at a valuation of 10 billion rupees ($121.35 million), two senior sources with direct knowledge of the matter told Reuters. Shriram Housing Finance Ltd., which offers home loans, largely in the affordable housing segment, has received interest from several private equity players, including BPEA EQT, formerly Baring PE Asia. "The equity infusion will likely be to the tune of 10 bi...
India`s Shriram Finance looking to sell 15% stake in housing arm
Below Quote on RBI policy By Ravi Subramanian, MD & CEO, Shriram Housing Finance "Remaining focused on the withdrawal of accommodation and keeping a close watch on inflation, the MPC has announced a rate hike of 25 bps. On the back of strong macroeconomic fundamentals and retail inflation being under control, we could be at the end of the rate hike cycle. However given global risks and elevated core inflation, the RBI is likely to focus on data while takin...
Remaining focused on the withdrawal of accommodation and keeping a close watch on inflation Says Ravi Subramanian, Shriram Housing Finance
Key News Wipro beats estimates but profit falls 9.6% QoQ; IT revenue up 7.7% Sugar companies' revenue is likely to grow by 5-7 per cent in 2021-22, following firm domestic and global prices and expected growth in both sugar exports and ethanol volumes, according to a report. On the back of favourable pricing environments domestically and globally as well as increased share of ethanol in revenue mix, the revenues of a sample of sugar companies are expected to grow by 5-7 per cent in ...
Key News - Wipro Ltd, Air India, Shriram Housing Finance, Bayer CropScience Ltd, Mindtree, Tata Group By ARETE Securities
Below are View on RBI policy expectations By Ravi Subramanian, MD & CEO, Shriram Housing Finance RBI is likely to maintain an accommodative stance until normalcy returns, a lot of which depends on vaccination rates where India is far behind advances economies. There is a re-opening-led demand revival and that is probably exerting upward pressure on inflation, and pushing prices above RBI’s tolerance band. The monetary reaction function however is expected to h...
RBI policy expectations By Ravi Subramanian, Shriram Housing Finance
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