Saturday, June 22, 2013

Shriram CIty Union Finance

- Established in 1986
- Gold Loan contributes 37% of business
- Small enterprises finance : 36% of business
- Auto Loan : 12%
- 2 WHeeler Loan : 11%
- Personal Loan : 4%
- 40% CAGR Growth in AUm over last 5 years
- 80% of branch network in underpenetrated segments in semi urban area's
- NPA @ 0.38% in FY 12 when compared to 0.96% in FY 2009
- in Dec 2011, subsidary Shriram Housing Finance commenced operations, focussing on II and III tier cities.
- Strong contender for new banking licence

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