Shriram Transport Finance Company (STFC), India's largest financier of commercial vehicles, and Shriram City Union Finance, the largest two-wheeler financer, have been merged to form Shriram Finance.
Shriram Finance will be India’s largest retail-focused non-banking financial company, said the Shriram Group on Monday. Shriram Finance will be a diversified player with a net worth of Rs 40,900 crore, assets under management (AUM) of Rs 1,71,000 crore and more than 6.7 million customers. The company said
Shriram Finance will be India’s largest retail-focused non-banking financial company, said the Shriram Group on Monday. Shriram Finance will be a diversified player with a net worth of Rs 40,900 crore, assets under management (AUM) of Rs 1,71,000 crore and more than 6.7 million customers. The company said