Shriram City Union Finance is eyeing total disbursements of Rs 22,000-23,000 crore in the current financial year (FY22). During the first quarter of 2021-22, it disbursed Rs 4,560 crore compared to Rs 6,570 crore in March 2021 quarter.
July 2021 was better than June with disbursements crossing Rs 3,000 crore. Even the collection efficiency had touched closed to 100 per cent in July compared to 93 per cent in June. On an average it (disbursements) is around Rs 6,200-6,300 crore per quarter. In the remaining three quarters, the company expects to touch about Rs 18,000-19,000 crore.
Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.
