Umesh Revankar

Revankar on the collections front said that in the digital era companies do not require any specialise teams, but rather they can have some local arrangements at small scale.

Enhanced infra, logistics, lending incentives among top expectations from the new govt

Reintroduction of the Partial Credit Guarantee Scheme, introduced during Covid , will help NBFCs serve India’s credit-deprived MSMEs better.

Shriram Finance’s gross stage-3 loans may decline to 5% by end of FY25: Umesh Revankar

The company’s net interest margin is likely to sustain at current levels because most geopolitical uncertainties have not materially heightened, the Shriram Finance executive vice chairman said.

Shriram Finance’s personal loans not adversely affected by RBI regulations, says Revankar

The cost of funds may increase by 5-10 bps in the fourth quarter after the RBI increased the risk weight on bank loans to non-banking finance companies, Shriram Finance executive vice chairman Umesh Revankar said.

MC Interview | Shriram AMC to focus on hybrid funds: Umesh Revankar

Shriram Capital is looking to start the asset reconstruction business this financial year, said the Executive Vice-Chairman.

Shriram Finance to limit fresh personal loans to existing customers only, says Umesh Revankar

The NBFC is targeting a growth in margins of around 8.5 percent for FY24, despite the higher costs of borrowing. It will stay away from exposure to personal loans because it is risky.

Shriram Transport eyes 12% loan growth in FY23; plans super app in 3 years, says MD Umesh Revankar

STFC will not be adding new locations this year, however, it will consider converting rural centers into branches if they cross 400 customers’ target.

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.

Do Big Symposium: Digital challenges & opportunities in India

Tata Do Big Symposium 2016 travels to Mumbai, Hyderabad and Chennai on the quest to find out about the digital challenges and opportunities in India.

Budget 2016: Infrastructure should be main focus this year

Attracting Investment in defense and high technology is essential to bring in knowledge and encouragement for high technology to flourish in India.

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.

Maintain FY16 disbursement target of 15%:Shriram Transport

Umesh Revankar, MD, Shriram Transport Finance Corporation expects asset quality to improve in the second half this year on the back of considerable rise in demand for commercial vehicle.

Expect 15% loan growth in H2FY16: Shriram Transport

Umesh Revankar, MD, Shriram Transport Finance says the company‘s gross non-performing assets (GNPA) stood at 4.18 percent due to rural stress caused by deficient rainfall in pockets of Maharasthra, Telagana, Karnataka and Uttar Pradesh.

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.

Shriram Transport Finance Q1 net rises 5% to Rs 321 crore

Shriram Transport Finance Company (STFC) on Friday said its net profit increased marginally by 5 percent to Rs 321.11 crore in the first quarter ended June 30 as the commercial vehicle financier's bottomline was dented by an increase in non-performing loans.

AUM may grow 15% on reasonable monsoons: Shriram Transport

In an interview to CNBC-TV18, Revankar said the company has infused Rs 100 core in equipment finance business. The non-banking finance company added around 80 branches in FY15 and plans to add another 80 in FY16.

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.

Revised RBI's NBFC norms negative for small lenders: FIHPA

The Reserve Bank had on November 10 introduced stricter rules for NBFCs in a bid to bring the norms at par with those of banks.

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.

Demand for used CVs to remain robust: Shriram Transport

In an interview to CNBC-TV18, MD Umesh Revankar said the demand has been little better in Q2, compared to Q1, mainly on the back of better monsoon and an increase in rural demand. He sees a major demand pick-up only in H2.

Truck financier Shriram Transport enters used-car space

Used-truck financier Shriram Transport Finance (STF) today said it has entered the pre-owned car segment through its 'auto malls'.

See credit growth in rural markets: Shriram Transport Fin

The net interest margins for the quarter ended December stood at 6.51 percent against 6.73 percent earlier quarter on back of increase in cost of borrowing and operational expenses but Revankar does not see margins coming under pressure in the near-term.

Is rural demand all about small pack story?

GSK Consumer sees good traction in rural demand and expects better harvest to ease pressures on its input costs. Meanwhile, Shriram Transport feels that demand in rural India has remained resilient.