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Shriram City Union Finance’s arm’s loan book grows 45% to cross Rs 5,000 crore

07 Mar 2022 Evaluate

Shriram City Union Finance’s subsidiary -- Shriram Housing Finance’s Assets under management (AUM) has reported a growth 45 per cent so far this fiscal (FY22) to cross the Rs 5,000 crore mark, making it the fifth largest in the low-cost housing loan segment. The company, however, missed the target by two months due to the third wave of the pandemic, which delayed collection and disbursals. The company's Rs 5,000 crore AUM target was set for December 2021.

Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.

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