Shriram Transport Finance Company

RBI releases list of NBFCs in upper layer under scale-based regulations

In terms of the framework, once an NBFC is classified as NBFC-UL, it shall be subject to enhanced regulatory requirement, at least for a period of five years

Shriram Finance, Piramal Enterprises zoom 10% after huge block deals

According to media reports, Piramal Enterprises was planning to sell its entire 8.34 per cent stake in Shriram Finance via block deals on Wednesday.

Shriram Finance merges with Shriram City to focus on MSMEs and others

Commercial vehicle financing major Shriram Transport Finance Company and two-wheeler and MSME financier Shriram City Union Finance have been merged to form Shriram Finance Limited (Shriram Finance)

Shriram Finance turns India's largest retail NBFC after merger: Group

The company has net worth of Rs 40,900 crore and assets under management of Rs 1,71,000 crore

Shriram Financial Ventures to be holding company in Shriram Group recast

SCL, the existing holding company of the Group, and Shriram City Union Finance will merge shortly with Shriram Transport Finance

Economy positive, demand all across: Shriram Transport Finance V-C & MD

Good demand for used vehicles in rural market, says Umesh Revankar in interview

Shriram Transport Finance Q2 net profit rises 38% to Rs 1,067 crore

The operating profit for the second quarter of the current financial year was up by 24 per cent to Rs 2,131 crore compared to Rs 1,717 crore during the same period in 2021-22

Fitch affirms rating for 4 NBFCs, maintains stable outlook for all

The financial condition of Shriram Transport Finance, Muthoot Finance, Manappuram Finance and IIFL Finance is satisfactory, says agency

Shriram Transport to raise Rs 5k cr in second half of FY23 to fund growth

Most of the fund-raising is likely to be via non-convertible debentures with a maturity of three years, Umesh Revankar, managing director of STFC added.

The NBFC sector is on a strong wicket: SCUF MD & CEO Y S Chakravarti

"Even if you look at the single-party exposure, there is a great deal of leeway for us to go to banks and borrow"

Shriram Transport's Q1 net profit surges four-fold to Rs 965 crore

STFC's total assets under management by the end of the quarter stood at Rs 130,688.86 crore, against Rs 119,301.37 crore a year ago

Shriram Transport Finance gets shareholders' approval for merger with SCUF

Shriram Transport Finance, which is part of the Shriram Group, now awaits approval from Shriram City Union Finance shareholders and creditors and NCLT, CCI and Irdai

Shriram Group well on course for merger of two firms via tech integration

Group chief digital officer says the conglomerate is working on one of the country's largest super apps by bringing the products of all associate concerns under one umbrella

STFC not considering increase in lending rates: Company vice-chairman

It will be 'nimble-footed' as a NBFC and not seek a banking license, says Umesh Revankar

Shriram Transport Finance secures $250 mn funding from US govt's DFC

The company will use the money as part of its social finance framework to create employment and to give loans to small businesses

Shriram Transport Finance sees vehicle financing on recovery road in FY23

Pegs credit growth at about 15%, based on a GDP growth projection of 7-8%

Stocks to Watch: Axis Bank, Airtel, SBI Cards, Voda Idea, IEX, Burger King

Cipla, Federal Bank, Finolex Industries, Indiabulls Real Estate, ICRA, Macrotech Developers, Maruti Suzuki, Pidilite, SRF, Torrent Pharma and United Spirits to announce results today.

Shriram Transport Finance Co's Q3 net profit dips 6% to Rs 681 crore

Revenue from operations during the quarter under review was up 6% to Rs 4,661 crore

Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable'

The rating agency affirmed "BB-" rating for Manappuram Finance's Issuer Default Ratings with "Stable" outlook

Shriram City, STFC raise Rs 2,000 cr through retail fixed deposits in Jul

Shriram City Union Finance and Shriram Transport Finance Company have raised record retail fixed deposits (FDs) worth Rs 2,000 crore in July 2021