Q3 NII growth on back of asset mix, says Shriram City Union

In an interview to CNBC-TV18, Subhasri Sriram, ED & CFO, Shriram City Union spoke about the company’s third quarter performance.  The growth in net interest income (NII) in Q3 was on back of cheaper cost of money and asset mix, which focuses on small business loan and two-wheeler loans. Going forward too she expects this to continue.

On the asset quality front too, she does not see any systemic risks. Shriram City Union Finance on Thursday said its net profit rose by 10.7 percent to Rs 142.94 crore in the third quarter ended December, 2014-15.

for the entire interview watch video