News

Quote on RBI Monetary Policy Committee by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance Below the Quote on RBI Monetary Policy Committee by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance   "RBI’s decision to change its stance from ‘Withdrawal of Accommodation’ to ‘Neutral’ is encouraging and raises hopes of a possible rate cut in the near future. A resilient domestic economy and an overall optimistic outlook fueled by private consumption, a favourable Kharif season, and a positive outlook for the Rabi Season based on im...
Quote on RBI Monetary Policy Committee by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Quote on RBI Monetary Policy Committee by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Source: Shriram Finance Ltd
2024-10-09 04:01:12 pm
Quote on Union Budget 2024 by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance Below the Quote on Union Budget 2024 by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance   "The Union Budget, as expected, was in-sync with the announcements made in the interim budget earlier this year. The budget focusses particularly on Employment, Skilling, MSMEs, and the Middle Class with sustained efforts to be made across nine specific areas to achieve the vision of a Viksit Bharat.   This budget provides special attention to MSMEs and manufa...
Quote on Union Budget 2024 by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Quote on Union Budget 2024 by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Source: Shriram Finance Ltd
2024-07-24 10:54:54 am
Quote on RBI MPC Policy by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance Below the Quote on RBI MPC Policy by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance   “With headline inflation moderating, liquidity remaining stable and growth figures being impressive, many observers felt that maybe this time, the MPC may want to consider adopting a dovish stand. However, with the geo-political situation still remaining volatile and India’s food inflation staying elevated, the RBI has rightly prioritised caution by maintaining statu...
Quote on RBI MPC Policy by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Quote on RBI MPC Policy by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Source: PR Agency
2024-06-07 05:32:02 pm
Shriram Finance unit raises $300 million via social bonds India Vehicle Finance, a Mauritius-incorporated special purpose vehicle set up by Shriram Finance, has raised $300 million in a "first-of-its-kind deal" by an Indian issuer, according to a term sheet seen by Reuters. The bonds, which come under the "social bonds" category and were issued to U.S. investors, were priced at a coupon of 5.85% late on Monday, inside the initial price guidance of around 6.15%. While "non-banking finance companies regularly sell simila...
Shriram Finance unit raises $300 million via social bonds
Shriram Finance unit raises $300 million via social bonds
Source: Reuters
2024-03-19 04:45:39 pm
Pre-Budget Expectation : We anticipate that the 2024 interim budget will adequately make NBFCs part By Mr. Umesh Revankar, Shriram Finance Below Budget Expectation quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance    “We anticipate that the 2024 interim budget will adequately make NBFCs part of sustainable economic growth towards achieving the USD 5 Trillion economy milestone. We expect the accent on infrastructure capex to continue with a focus on logistics improvement which is essential for "Make in India" to be a big success. Likewise, the government would do well to pe...
Pre-Budget Expectation : We anticipate that the 2024 interim budget will adequately make NBFCs part By Mr. Umesh Revankar, Shriram Finance
Pre-Budget Expectation : We anticipate that the 2024 interim budget will adequately make NBFCs part By Mr. Umesh Revankar, Shriram Finance
Source: PR Agency
2024-01-22 02:41:23 pm
Pre Monetary Policy Quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance Below the Pre Monetary Policy quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance  "The RBI's ‘State of the Economy’ monthly bulletin for November acknowledged the robust festival-driven demand and positive consumer sentiment. It also mentioned the decline of inflation to 4.7% in October. These statements have kindled hope of a return to the declining rates regime. However, recently, the RBI raised risk weights on consumer credit, credi...
Pre Monetary Policy Quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Pre Monetary Policy Quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
Source: PR Agency
2023-11-27 04:39:39 pm
Quote on RBI governor`s views on lending exuberance and overreliance on fintech models By Mr. Umesh Revankar, Shriram Finance Limited Below a quote on 'RBI governor's cautions against lending exuberance, overreliance on fintech models' by Mr. Umesh Revankar – Executive Vice Chairman, Shriram Finance Limited “The increase in risk weights of bank loans to NBFCs will result in a further evolution of the lending landscape. Since our capital markets are shallow, it does not present a convenient option for NBFCs, especially the smaller ones, to raise funds for lending. The increases in risk we...
Quote on RBI governor`s views on lending exuberance and overreliance on fintech models By Mr. Umesh Revankar, Shriram Finance Limited
Quote on RBI governor`s views on lending exuberance and overreliance on fintech models By Mr. Umesh Revankar, Shriram Finance Limited
Source: PR Agency
2023-11-26 05:10:58 pm
Quote on RBI`s new regulations for NBFCs by Mr. Umesh Revankar, Shriram Finance Below is Quote on RBI's new regulations for NBFCs by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance "The new regulatory measures from RBI certainly makes everyone anxious and NBFCs will now do well to closely monitor their margins. The regulator is wary of multiple loans to individuals that are mostly happening in the digital lending space where the end use of the loan isn't always crystal clear. I think most of the established NBFCs and banks are mindful of...
Quote on RBI`s new regulations for NBFCs by Mr. Umesh Revankar, Shriram Finance
Quote on RBI`s new regulations for NBFCs by Mr. Umesh Revankar, Shriram Finance
Source: PR Agency
2023-11-19 10:06:55 am
Pre Monetary Policy Quote By Mr. Umesh Revankar, Executive Vice Chairman, ShriramFinance Below Quote On Pre Monetary Policy Umesh Revankar, Executive Vice Chairman, Shriram Finance"Since the latest Monetary Policy announcement, the monsoons have been active narrowing the deficit gap of long-term average of overall rains and also prices of essential necessary food commodities have been under control. However, there are still concerns about the Kharif crop, particularly pulses, which may put more upward pressure on prices. We believe that RBI will continue to exert control ove...
Pre Monetary Policy Quote By Mr. Umesh Revankar, Executive Vice Chairman, ShriramFinance
Pre Monetary Policy Quote By Mr. Umesh Revankar, Executive Vice Chairman, ShriramFinance
Source: PR Agency
2023-10-01 04:08:24 pm