MoneyWorks4Me

Shriram City Union Finance aims to achieve Rs 25,000 crore biz in next five years

09 Jul 2014 Evaluate

Shriram City Union Finance (SCUF), the largest small business financing company in the country, is aiming an overall loan book of Rs 25,000 crore in the next five years. Currently, the non-banking finance company’s overall loan book size stands at Rs 16,000 crore, of which 50 per cent is accounted for by loans to micro, small and medium enterprises (MSMEs).

The NBFC is also active in two-wheeler financing, with a loan exposure of Rs 3,000 crore in this segment.

Shriram City Union Finance has presence in the following business segments - loan Against Gold (LAG), Small Business Finance Loans (SBF), Auto Loans, 2-Wheeler loans, Personal Loans and Consumer Durables Loans.

 

Peers