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Shriram Finance gains on raising Rs 85 crore via NCDs Shriram Finance is currently trading at Rs. 1922.80, up by 10.75 points or 0.56% from its previous closing of Rs. 1912.05 on the BSE. The scrip opened at Rs. 1903.95 and has touched a high and low of Rs. 1926.65 and Rs. 1903.95 respectively. So far 979 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1944.45 on 04-Sep-2023 and a 52 week low of Rs. 1147.05 on 27-Sep-2022. Last one week high and low of the scrip s...
Shriram Finance gains on raising Rs 85 crore via NCDs
Shriram Finance gains on raising Rs 85 crore via NCDs
Source: Accord Fintech
6/09/2023 9:53:38 AM
Pre Monetary Policy Quote by Mr Umesh Revankar,Shriram Finance Below The Pre Monetary Policy Quote by Mr Umesh Revankar, Executive Vice Chairman, Shriram Finance. “The inflation level has been staying within the tolerance limit of below 6%. Consequently, in the upcoming MPC recommendations, we expect RBI to continue with their stance of pausing policy rate hikes for the next interest cycle. Having said that, inflation in various countries such as the United Kingdom is still a cause of worry. Hence, it is still imperative that we monitor and...
Pre Monetary Policy Quote by Mr Umesh Revankar,Shriram Finance
Pre Monetary Policy Quote by Mr Umesh Revankar,Shriram Finance
Source: PR Agency
1/08/2023 3:51:19 PM
Q1 Result - Shriram Finance AUM increases 18.56% at Rs 1,932,146.6 mn and PAT increases to Rs 16,754.4 mn The Board Meeting of Shriram Finance Limited (SFL) (Formerly known as Shriram Transport Finance Company Limited (STFC)) was held today to consider the unaudited financial results for the first quarter ended 30th June, 2023. Financials (Standalone) : First quarter ended 30th June, 2023 : The Net Interest Income for the first quarter ended 30th June, 2023 increased by 11.31% and stood at Rs. 4,435.27 crores as against Rs. 3,984.44 crores in the same period of the previous year. The profit ...
Q1 Result - Shriram Finance AUM increases 18.56% at Rs 1,932,146.6 mn and PAT increases to Rs 16,754.4 mn
Q1 Result - Shriram Finance AUM increases 18.56% at Rs 1,932,146.6 mn and PAT increases to Rs 16,754.4 mn
Source: PR Agency
27/07/2023 6:07:15 PM
Shriram Finance gains on raising Rs 815 crore via NCDs Shriram Finance is currently trading at Rs. 1809.80, up by 28.50 points or 1.60% from its previous closing of Rs. 1781.30 on the BSE. The scrip opened at Rs. 1774.25 and has touched a high and low of Rs. 1857.10 and Rs. 1774.20 respectively. So far 54371 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,857.10 on 21-Jun-2023 and a 52 week low of Rs. 1147.05 on 27-Sep-2022. Last one week high and low of the scri...
Shriram Finance gains on raising Rs 815 crore via NCDs
Shriram Finance gains on raising Rs 815 crore via NCDs
Source: Accord Fintech
21/07/2023 10:35:20 AM
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone Leading payments and financial services company Paytm on Wednesday said it achieved a new milestone in merchant payments with 79 lakh devices deployed while the gross merchandise value (GMV) for the Q1 FY24 stood at Rs 4.05 lakh crore, a year-on-year (YoY) growth of 37 per cent. Driving payment monetisation, Paytm's subscription devices, Soundbox and PoS machines, continue to see an increased acceptance by merchants.  The company continues to remain the market leader in merchan...
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone
Source: IANS
5/07/2023 10:07:08 AM
Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion Chennai: One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced a partnership with the largest retail NBFC in India, Shriram Finance Limited to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and ...
Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion
Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion
Source: PR Agency
30/06/2023 5:07:30 PM
S&P raises assessment of Indian banking sector on  S&P Global Ratings on Tuesday raised its assessment of India's banking sector, citing a "strong recovery" underway in the Indian financial sector. India's 'Banking Industry Country Risk Assessment', an indicator of an economy's financial sector, has been raised one notch to 5 from 6 earlier, the rating agency said in a note. Risk scores range from 1 to 10, with 10 signalling the highest risk. "We believe asset quality will continue to stre...
S&P raises assessment of Indian banking sector on
S&P raises assessment of Indian banking sector on "strong recovery"
Source: Reuters
27/06/2023 9:00:01 AM
Piramal Enterprises exits Shriram Finance selling 8.34% stake Non banking finance company (NBFC) Piramal Enterprises Ltd on Wednesday said it has sold its 8.34 per cent stakes in Shriram Finance Ltd. In a regulatory filing, Piramal Enterprise said it has sold its entire direct investment of 8.34 per cent (3,12,21,449 shares) in the fully paid-up share capital of Shriram Finance to third party investors, on the floor of the stock exchange. Piramal Enterprises - part of the Piramal Group having interests in pharmaceuticals, real estate apart from fi...
Piramal Enterprises exits Shriram Finance selling 8.34% stake
Piramal Enterprises exits Shriram Finance selling 8.34% stake
Source: IANS
21/06/2023 6:00:01 PM
Shriram Mutual Fund files offers document for Multi Asset Allocation Fund Shriram Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Shriram Multi Asset Allocation Fund‘. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load will be 1% of the applicable NAV, if redeemed/switched-out within 1 year from the date of allotment. The scheme offers only growth option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore. The performance of the scheme will be benchmarked by Nif...
Shriram Mutual Fund files offers document for Multi Asset Allocation Fund
Shriram Mutual Fund files offers document for Multi Asset Allocation Fund
Source: Accord Fintech
15/06/2023 1:08:11 PM
Pre Monetary Policy quote by Mr Parag Sharma, Shriram Finance Below the Quote on Pre Monetary Policy quote by Mr Parag Sharma, Whole-time Director & Chief Financial Officer, Shriram Finance   "With the customer inflation level at 4.7%, well below RBI's upper tolerance limit of 6%, the conditions seem favourable for a pause in rate hikes. The latest GDP forecasts also point towards inflation becoming less of a concern. Accordingly, we expect that the MPC, in its upcoming meeting, will hit the pause button on the policy r...
Pre Monetary Policy quote by Mr Parag Sharma, Shriram Finance
Pre Monetary Policy quote by Mr Parag Sharma, Shriram Finance
Source: Shriram Finance
6/06/2023 2:38:48 PM
Shriram Finance's Unnati Jubilee Fixed Deposit Scheme Earn up to 9.15% Interest for 50 Months Mumbai: India’s largest retail NBFC, Shriram Finance Limited (SFL) a part of Shriram Group, announced a special fixed deposit rate under Jubilee Deposit (Shriram Unnati Deposits), to coincide with the Group’s golden jubilee celebrations. The company will accept applications for fresh and renewal of fixed deposits of 50 months’ tenure with interests as mentioned in the table. Investors can earn interest up to 9.15% on FDs. The rates will be effective from 5t...
Shriram Finance's Unnati Jubilee Fixed Deposit Scheme Earn up to 9.15% Interest for 50 Months
Shriram Finance's Unnati Jubilee Fixed Deposit Scheme Earn up to 9.15% Interest for 50 Months
Source: PR Agency
5/04/2023 3:08:03 PM
Shriram Finance Amplifies the Power of Women Through its Women of Shriram Campaign Shriram Finance has launched a campaign that pays tribute to its women employees. Under its #WomenofShriram campaign, it has released a series of videos where women employees share their experiences at Shriram Finance and talk about how the organisation has helped and supported them. Mr. YS Chakravarti, MD & CEO, Shriram Finance elaborated on the campaign, “Rather than merely observing one day as International Women’s Day, Shriram Finance is paying tribute to women ass...
Shriram Finance Amplifies the Power of Women Through its Women of Shriram Campaign
Shriram Finance Amplifies the Power of Women Through its Women of Shriram Campaign
Source: PR Agency
24/03/2023 2:23:24 PM
India`s Shriram Finance looking to sell 15% stake in housing arm 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
India`s Shriram Finance looking to sell 15% stake in housing arm
Source: Reuters
15/03/2023 12:48:44 PM
India`s Shriram Finance aims to raise 200 billion rupees in FY24  India's Shriram Finance is looking to raise as much as 200 billion rupees ($2.44 billion) to fund its growth in the next financial year starting April, a senior company official told Reuters on Monday. The retail non-banking finance company aims to grow its assets under management (AUM) by 15% in 2023/24 to around 1.9 trillion to 2 trillion rupees, Umesh Revankar, executive vice chairman of Shriram Finance, said. The company's total AUM was 1.77 trillion rupees as of Dec. ...
India`s Shriram Finance aims to raise 200 billion rupees in FY24
India`s Shriram Finance aims to raise 200 billion rupees in FY24
Source: Reuters
13/03/2023 2:28:02 PM
Shriram Finance Takes Steps to Raise Gender Diversity Shriram Finance Limited (SFL) takes steps to raise gender diversity in the organization. SFL currently has over 6300 women employees across functions. At Shriram Finance, the percentage of women employed stands at 11% of the total workforce, and the organization promotes women-friendly HR & hiring policies across departments to hire competent women. The Personal Loans front line department is an end-to-end women workforce of over 1000 women. SFL has put emphasis on the n...
Shriram Finance Takes Steps to Raise Gender Diversity
Shriram Finance Takes Steps to Raise Gender Diversity
Source: PR Agency
7/03/2023 5:34:40 PM