Shriram City Union to focus on SME, bike loans
The Hindu
Liquidity not an issue for NBFCs: MD
Shriram City Union Finance Ltd. will focus on small and medium enterprises and two-wheeler disbursements to to grow its assets under management (AUM) by 12-15% during FY22, a top official said. “Our loan book of SMEs used to be 55% of AUM, but it has come down to 49% in Q1 due to sporadic lockdowns,” said .S. Chakravarti, MD & CEO. “We are trying to reach 55% in the coming months.”
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