Demand has been strong and is expected to grow with pick up in construction activity. As India continuous to grow there will be demand for more number of vehicles, said Umesh Revankar, MD, Shriram Transport Finance.

Expect 15% AUM growth in FY18 as against earlier guidance of 12-15%: Shriram Transport

The Shriram Transport Finance Corporation stock has been buzzing after the hangover of the IDFC deal has been done with. Auto companies have seen strong commercial vehicle sales by manufacturers & now there are expectations of a pick-up in the rural economy. In an interview with CNBC-TV18, Umesh Revankar, MD of the company spoke about the latest happenings in his company and sector.

Seeing pent-up demand for commercial vehicles: Shriram Transport

In an interview to CNBC-TV18, Umesh Revankar, MD of Shriram Transport Finance spoke about the latest happenings in the company.

Shriram-IDFC merger will take time due to multiple regulators involved: Analyst

Shriram Transport Finance Corporation held a conference call on Friday post market hours. The management was trying to explain how the customers or the shareholders of Shriram Transport can gain from access to the banking channel which IDFC Bank has, Santosh Singh, Head of Research India at Haitong Securities told CNBC-TV18.

IDFC-Shriram group merger a win-win situation for IDFC Bank: Vinod Rai

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.

IDFC-Shriram merger: Top management speaks about the deal

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.

Shriram Transport Finance expects formal economy to benefit from GST

One of the beneficiaries of the rural economy picking up is Shriram Transport Finance Corporation. In an interview to CNBC-TV18, Umesh Revankar, MD of the company spoke about the latest happenings in the company.

See 14-15% AUM growth in FY17: Shriram Transport

Umesh Revankar, Managing Director of Shriram Transport Finance Company expects a 14-15 percent AUM growth for new vehicles in FY17.

Infra, heavy vehicles aiding AUM growth: Shriram Transport

Umesh Revankar, MD at Shriram Transport Finance says the rural economy will need 2-3 quarters to recover, although performance of certain segments like light commercial vehicles has started improving

No hit due to lifespan limit for CVs: Shriram Transport

Umesh Revankar, MD, Shriram Transport Finance says this move will create more demand for used vehicles older than 5-10 years. As Shriram Transport does not lend for vehicles older than 15 years, it might prove beneficial, he adds.

Expect AUM growing at 15% this fiscal: Shriram Transport

In an interview to CNBC-TV18, Umesh Revankar, MD of Shriram Transport Finance Corporation spoke about RBI's rate cut and how the business shapes up going forward.

Rate cut would have benefited the SMEs: Shriram Transport

In an interview with CNBC-TV18, Umesh Revankar of Shriram Transport Finance said that a rate cut in RBI's policy meeting on Tuesday would have benefited the SMEs who need cheap loans.

See more rural demand for CVs than tractors: Shriram Trans

In an interview with CNBC-TV18, managing director of Shriram Transport, Umesh Revankar said tas the economy recovers, operational efficiency and rural demand will improve

Witnessing demand pick-up for M&HCV in coal belt: Experts

Parag Jariwala of Religare Capital says the Medium and Heavy Commercial Vehicle (M&HCV) sales have risen 30-40 percent Year-on-Year, over the past six months.

HCV demand to pick up on infra focus: Shriram Transport

In an interview with CNBC-TV18‘s Sonia Shenoy and Anuj Singhal, Shriram Transport Finance‘s Umesh Revankar spoke about the trends in the commercial vehicle industry and whether he sees credit offtake picking up on increasing demand.

See good credit demand in Jan-Mar qtr: Shriram Transport

In an interview to CNBC-TV18, Umesh Revankar, MD, Shriram Transport Finance, said the company expects loan growth to pick up in used vehicles

Will maintain gross NPL at current level: Shriram Transport

"I don‘t think there will be robust growth for next one-two months. May be in the last quarter January to March there could be some movement in the industrial products," Umesh Revankar, MD, Shriram Transport Finance said.

Expect RBI to restart NBFC licensing: Shriram Transport

Umesh Revankar, Managing Director at Shriram Transport Finance Company said bulk goods transport is still subduedl but heavy commercial vehicle (HCV) sales have improved from previous months.

See FY14 loan growth at 15%: Shriram Transport Fin

Umesh Revankar, MD, Shriram Transport Finance sees no demand for new vehicles but says there is constant demand for used vehicles which will help them maintain theri loan grwoth guidance.

Will protect NIMs by price hikes: Shriram Transport

In an interview to CNBC-TV18, Umesh Revankar, MD of Shriram Transport spoke about the problems non-banking financial companies (NBFCs) are facing while raising money from the wholesale market ever since the Reserve Bank of India (RBI) tightened liquidity on July 15.

'India to lead global growth; bet on financial services'

Ajay Piramal says that Indian growth will be higher than the rest of the world soon and adds that the financial services sector is ripe for investment with lucrative returns on offer.

See no stress in asset quality: Shriram Transport

Umesh Revankar, managing director, Shriram Transport doesn't expect any stress in asset quality of their loans.

Our focus will remain on small clients: Shriram Cap

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.

RBI may grant at least 6 licences in 2013: Shriram Group

In 1993, 10 licenses were granted and in 2001 two licenses were granted. Duggal expects the central bank to grant atleast half a dozen licenses. However, this process should not be a prolonged one.

Our profit margin will come down in FY14 & FY15: Shriram MD

Chennai-based Shriram Transport Finance (STF) ranks among top-rung non-banking finance companies in India. The company, engaged in financing trackers for buying used vehicles is bracing up for a regulatory challenge. Usha Thorat committee has just recommended tighter norms for non-performing assets at par with banks.