The government releases its borrowing plan for H1FY19, which is considerably less than what they borrowed in FY18. In an interview with CNBC-TV18, SK Dubey, MD of PNB Gilts and Lakshmi Narasimhan, Executive Director of Shriram City Union Finance shared their views and outlook on the same.
Shriram City Union Finance posted a good set of Q1 earnings. In an interview to CNBC-TV18, YS Chakravarti, ED and COO of the company spoke about all the details on their earnings.
All parts of balancesheet on the loan side have done well in the first quarter, said Romesh Sobti, MD & CEO, IndusInd Bank.
IDFC Ltd is the parent company of IDFC Bank and is the one which is going to drive IDFC-Shriram merger forward. In an interview to CNBC-TV18, Vinod Rai, Non-Executive Chairman of IDFC spoke about the same.
In an interview to CNBC-TV18's Nisha Poddar, R Thyagarajan, Founder Chairman of Shriram Group, Rajiv Lall, Founder MD & CEO of IDFC Bank and Ajay Piramal, Chairman of Shriram Capital spoke at length about the merger.
In an interview to CNBC-TV18, YS Chakravarti, ED & COO of Shriram City Union Finance spoke about the latest happenings in the company.
Subhasri Sriram, ED & CFO of Shriram City Union Finance, does not see start of operations of Equitas Holdings as a threat to their market share.
The company's cost of funds declined to 10 percent from 10.8 percent during the June quarter, says Subhasri Sriram, Executive Director and Chief Financial Officer, Shriram City Union Finance
Over the last 10-years we have built our presence in north and central India, said Subhasri Sriram, ED & CFO, Shriram City Union Finance.
In an interview with CNBC-TV18, Small enterprise, 2-wheeler focus areas for FY16: Shriram said reduction in cost of capital and other expenses boosted the June quarter results.
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.
GS Sundararajan, MD of Shriram City Union Finance says his main worry is how these norms will impact customers. He says most of his customers do not have regular cash flows and a 90 days credit rule will make it difficult for them to pay.
Chennai-based Shriram City Union (SCU) is likely to see an increase of 35-40 basis points in its cost of funds due to change in fund raising guidelines by the Reserve Bank of India (RBI), which mandated some restrictions on fund raising through privately held debentures.
GS Sundararajan, MD Shriram City Union expects to see robust growth for the next three quarters given the impetus in micro, small and medium enterprises (MSME), two-wheeler and retail space.
A prospective banking licence appears to be the latest watchword for Chennai-based Shriram Capital, the non-operating holding company of three group entities: Shriram Transport Finance (STF), Shriram City Union and Shriram General Insurance.
Shriram City Union Finance posted a profit after tax (PAT) of 35 percent to Rs 112.5 crore vs Rs 83 crore in a year ago period. Subhasri Sriram, executive director of the company tells CNBC-TV18 that the cost of funds came off, but is yet to reach a comfortable level.
Sundararajan, MD, Shriram City Union Finance and Ashvin Parekh, of E&Y, discuss about the newly passed banking regulation bill.
Shriram City Union Finance is among a number of NBFCs offering NCDs in the market for retail and institutional investors. Executive director Subhasri Sriram explains to CNBC-TV18 the details regarding the company‘s issue scheduled for Wednesday and its plans for the future.