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Shriram Finance Limited Announces Sale Of Its Housing Finance Subsidiary Shriram Housing Finance To Warburg Pincus Shriram Finance Limited (SFL), in its board meeting held earlier today approved the sale of its housing finance subsidiary Shriram Housing Finance Limited (SHFL) to Warburg Pincus, a leading global growth investor. Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment Ltd from all the sellers. The proposed transaction is valued at Rs 4,630 crores for equity and convertible instruments of SHFL. The transaction is subject to regulatory approvals. SFL holds a control...
Shriram Finance Limited Announces Sale Of Its Housing Finance Subsidiary Shriram Housing Finance To Warburg Pincus
Shriram Finance Limited Announces Sale Of Its Housing Finance Subsidiary Shriram Housing Finance To Warburg Pincus
Source: PR Agency
2024-05-14 10:06:57 am
Shriram Housing Finance`s Assets under Management (AUM) cross Rs 13,700 crore in Q4FY24 Profit After Tax (PAT) for the quarter grows 67% year-on-year to Rs 62.1 crore Shriram Housing Finance Limited, a leading affordable housing finance company, announced its results for the fourth quarter of the last fiscal year (Q4FY24), registering a 67% growth in its profit after tax (PAT) to Rs 62.1 crore. The company’s Assets under Management (AUM) also grew to Rs 13,762 crore in the same quarter. The disbursals for the quarter jumped 77% year-on-year to Rs 2,302 crore and the overall disbursal reached Rs 7,591 crore in the past fiscal year. Asset quality al...
Shriram Housing Finance`s Assets under Management (AUM) cross Rs 13,700 crore in Q4FY24 Profit After Tax (PAT) for the quarter grows 67% year-on-year to Rs 62.1 crore
Shriram Housing Finance`s Assets under Management (AUM) cross Rs 13,700 crore in Q4FY24 Profit After Tax (PAT) for the quarter grows 67% year-on-year to Rs 62.1 crore
Source: PR Agency
2024-04-30 03:39:57 pm
India`s Tata Capital plans to raise $750 million in debut foreign funding next fiscal year  India's Tata Capital is looking at overseas fundraising for the very first time and hopes to raise around $750 million via offshore bonds or loans in the next fiscal year starting in April, a senior company official told Reuters on Wednesday. "The company, as a part of diversifying its liability base, may evaluate raising up to $750 million through overseas loans or bonds in FY25," said Rakesh Bhatia, chief financial officer at the non-bank financial company (NBFC). ...
India`s Tata Capital plans to raise $750 million in debut foreign funding next fiscal year
India`s Tata Capital plans to raise $750 million in debut foreign funding next fiscal year
Source: Reuters
2024-02-28 04:25:26 pm
Views on the housing finance sector for your reference by Mr. Ravi Subramanian, MD & CEO, Shriram Housing Finance ltd Below the post budget views on the housing finance sector for your reference. by Mr. Ravi Subramanian, MD & CEO, Shriram Housing Finance ltd   “Though the FM has not raised the cap on the affordable housing segment, the government’s focus on middle-class housing by announcing a scheme to help them buy or build their own houses will boost the country’s housing sector and home loan market. The higher allocation to PM Aavaz Gramin will also be...
Views on the housing finance sector for your reference by Mr. Ravi Subramanian, MD & CEO, Shriram Housing Finance ltd
Views on the housing finance sector for your reference by Mr. Ravi Subramanian, MD & CEO, Shriram Housing Finance ltd
Source: Shriram Life Insurance
2024-02-01 03:15:10 pm
Shriram Housing Finance` Assets Under Management crosses 12,000 Cr. Ends Q3 FY`24 with AUM of INR 12,025 Cr, PAT for the quarter grows by 69% YoY to INR 61.5 Cr Shriram Housing Finance Limited, a leading affordable housing finance company announced its results for Q3 FY’24. Assets Under Management (AUM) as of end of the calendar year grew to INR 12,025 Cr. The disbursals for the quarter stood at INR 1,698 Cr, up 70% YoY. The company has maintained an accelerated growth momentum in 9M FY’24, with overall disbursals of INR 5,289 Cr within this period. Asset quality improved with Gross Stage-3 assets at 1.01% (including RBI circular date...
Shriram Housing Finance` Assets Under Management crosses 12,000 Cr. Ends Q3 FY`24 with AUM of INR 12,025 Cr, PAT for the quarter grows by 69% YoY to INR 61.5 Cr
Shriram Housing Finance` Assets Under Management crosses 12,000 Cr. Ends Q3 FY`24 with AUM of INR 12,025 Cr, PAT for the quarter grows by 69% YoY to INR 61.5 Cr
Source: PR Agency
2024-01-25 05:24:24 pm
Shriram Housing Finance H1 FY`24 Results Shriram Housing Finance Limited, a leading affordable housing finance company announced its results for H1 FY’24. Assets Under Management (AUM) crossed the INR10,000 Cr milestone, with the company ending H1 with AUM of INR 10,816 Cr. The disbursals for the first half of the year stood at INR 3,591 Cr, up 95% YoY. The company has maintained an accelerated growth momentum with AUM doubling over the last 18 months, coupled with consistent improvement in asset quality. Asset quality impr...
Shriram Housing Finance H1 FY`24 Results
Shriram Housing Finance H1 FY`24 Results
Source: PR Agency
2023-11-03 11:52:16 am
Shriram Housing Finance` Assets Under Management crosses 10,000 Cr. Ends H1 FY`24 with AUM of INR 10,816 Cr, PAT for the period grows by 46% YoY to INR 93.9 Cr Shriram Housing Finance Limited, a leading affordable housing finance company announced its results for H1 FY’24. Assets Under Management (AUM) crossed the INR10,000 Cr milestone, with the company ending H1 with AUM of INR 10,816 Cr. The disbursals for the first half of the year stood at INR 3,591 Cr, up 95% YoY. The company has maintained an accelerated growth momentum with AUM doubling over the last 18 months, coupled with consistent improvement in asset quality. Asset quality impr...
Shriram Housing Finance` Assets Under Management crosses 10,000 Cr. Ends H1 FY`24 with AUM of INR 10,816 Cr, PAT for the period grows by 46% YoY to INR 93.9 Cr
Shriram Housing Finance` Assets Under Management crosses 10,000 Cr. Ends H1 FY`24 with AUM of INR 10,816 Cr, PAT for the period grows by 46% YoY to INR 93.9 Cr
Source: PR Agency
2023-10-27 10:24:22 am
Shriram Housing Finance and Punjab and Sind Bank Sign Co-lending Agreement to Lend to the Affordable Housing Segment Shriram Housing Finance Limited (SHFL), a leading affordable housing finance company, today announced the signing of a co-lending agreement with public sector lender Punjab and Sind Bank (PSB) for business loans against affordable homes. The two entities will jointly service the self-employed customers as per the co-lending model (CLM) of the Reserve Bank of India (RBI).Shriram Housing Finance, is amongst the largest affordable housing financier in the country and one of the fastest-gro...
Shriram Housing Finance and Punjab and Sind Bank Sign Co-lending Agreement to Lend to the Affordable Housing Segment
Shriram Housing Finance and Punjab and Sind Bank Sign Co-lending Agreement to Lend to the Affordable Housing Segment
Source: PR Agency
2023-10-18 03:41:08 pm