Press background on Shriram Transport Finance Company
Company profile
We are a part of the "SHRIRAM" conglomerate which has significant presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds. Apart from these financial services, the group is also present in non-financial services business such as property development, engineering projects and information technology.
Views of Mr. Umesh Revankar, MD, Shriram Transport Finance Company Limited
"RBI’s rate cut is in line with expectations, the revised GDP growth of 7.6% is encouraging, the growth in Agri commodity movement is linked to how monsoon is going to pan out. If monsoon is good and infla... (more)
Jun 02, 2015 18:29 IST
Shriram Transport Finance Company
The Board Meeting of Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in the country, was held today to consider the audited financial results for the fourth quarter ended 31st. March, 2015.
Financials (Standlone) :
Fourth quarter ended 31 st. March... (more)
Apr 30, 2015 17:16 IST
Shriram Transport Finance Company
Views of Mr. Umesh Revankar, MD, Shriram Transport Finance Company Limited
“RBI kept the rates unchanged as it feels that the effect of two successive rate cuts in a calendar year is yet to be reflected. This is just a momentary status quo intended to give time to the overall economy ... (more)
Apr 07, 2015 17:03 IST
Shriram Transport Finance Company
Mr Umesh Revankar, MD, Shriram Transport Finance Company Ltd
“Small Businesses have been major contributors to the country’s growth, but hardly have they been recognized as credit worthy for all these years. The government’s initiative to have Micro Units Development Refin... (more)
Feb 28, 2015 17:40 IST
Shriram Transport Finance Company
Views of Mr. Umesh Revankar, MD, Shriram Transport Finance Company on RBI Monetary Policy:
“Cutting the SLR by about 50 basis points is a positive as it gives banks additional funds for lending purposes. The MSME segment will get a boost as big corporate credit dem... (more)
Feb 03, 2015 18:33 IST
Shriram Transport Finance Company
Shriram Transport Finance Company Ltd. (STFC), the largest asset financing NBFC in India, announced the election of Mr. S. Lakshminarayanan as Chairman by the Board of Directors of the company in the board meeting held at Colombo on January 24, 2015.
“Though it seems that the RBI has dashed the hopes of rate cuts in 2014, we appreciate the patience of the regulator in containing inflation within permissible limits. Our sense says, instead of being apprehensive about rate cuts, we should look at the green shoots the economy is showing and ... (more)
Dec 02, 2014 18:18 IST
Shriram Transport Finance Company
