Shriram City Union Finance’s subsidiary company -- Shriram Housing Finance has set a target of doubling its loan-book to Rs 10,000 crore and become the third largest player by FY2024 on the back of a 45 per cent growth this fiscal at around Rs 5,300 crore.
It operates around 100 standalone branches and over 200 branches inside its sister concern Shriram City Union and Shriram Transport Finance branches. Its footprint will cross 105 own branches (up from 77 last year) and 218 kiosks by the month-end.
Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.
