Shriram Finance Ltd.

BSE: 511218 | NSE: SHRIRAMFIN
Large Cap | Finance - NBFC
1010.25
14.70 (1.48%)
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Shriram Transport Finance, Shriram City Union Finance merged to form Shriram Finance

Date: 05-12-2022

Shriram Transport Finance and Shriram City Union Finance have been merged to form Shriram Finance. Shriram Finance will be a diversified player with a robust net worth of Rs 40,900 crore and Assets under Management (AUM) of Rs 1,71,000 crore, the Company caters to over 6.7 million customers across India. The growth strategy for the Company will be focused on driving the self-employed and the MSME economy.

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.