Credit rating agency, CRISIL Research has maintained a CRISIL IER fundamental grade of 4/5 on Shriram City Union Finance. The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India.
The company has received the fundamental grade of 4/5 on the back of its established position, attractive growth opportunity (particularly in small business loans and two-wheeler financing) and strong group support, which facilitates cost efficiency and healthy asset quality.
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.
