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India: Shriram City Union Finance infuses $26.6m in housing finance subsidiary


India: Shriram City Union Finance infuses $26.6m in housing finance subsidiary
Jaipur, India. Photo by Annie Spratt on Unsplash
May 14, 2021
Shriram City Union Finance (SCUF) has invested ₹200 crore in its housing finance subsidiary, Shriram Housing Finance Ltd (SHFL).
The board of SCUF has also approved an investment of up to ₹500 crore into SHFL over the next two years, of which ₹200 crore has been invested now. The current infusion of ₹200 crore will increase SCUF’s holding in SHFL to 81.16% from existing 77.25%.
The company said the funds will be used to provide growth capital to the fast-growing housing financial company and enable it to expand its distribution network and customer base. The net worth of SHFL which was at ₹576 crore as of 31 March 2021, goes up to ₹776 crore with this investment. ....

Ravi Subramanian , Shriram City Union Finance , National Housing Bank , Shriram Housing Finance Ltd , Shriram Housing , ரவி சுப்ரமணியன் , ஸ்ரீராம் நகரம் தொழிற்சங்கம் நிதி , தேசிய வீட்டுவசதி வங்கி , ஸ்ரீராம் வீட்டுவசதி நிதி லிமிடெட் , ஸ்ரீராம் வீட்டுவசதி ,

Shriram Housing Finance to provide free vaccination to customers


Shriram Housing Finance to provide free vaccination to customers
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Some banks have started tying up with doctors who could guide employees in dealing with their Covid-19-related fears. About 1.5 million people are employed across Indian banks.
AFP
In an industry first, mortgage lender Shriram Housing Finance has decided to provide free vaccination to its 20,000 affordable housing customers. The company would roughly spend Rs 1000 per loan as vaccination cost and would cover two members in a family. It estimates to spend nearly Rs 2 crore to provide free vaccination to its customers.
The mortgage lender had earlier announced that it would bear the vaccination cost of its employees. ....

Ravi Subramanian , Rana Ashutosh Kumar Singh , Axis Bank , Corporate Centre , Dmd Hr Corporate Development , A Quick Response Team , Shriram Housing Finance , Shriram Housing , State Bank , Quick Response Team , General Manager , Corporate Development Officer , Deputy General Managers , ரவி சுப்ரமணியன் , ராணா அசுதோஷ் குமார் சிங் , அச்சு வங்கி , பெருநிறுவன மையம் , ஸ்ரீராம் வீட்டுவசதி நிதி , ஸ்ரீராம் வீட்டுவசதி , நிலை வங்கி , விரைவான பதில் அணி , ஜநரல் மேலாளர் , பெருநிறுவன வளர்ச்சி அதிகாரி , துணை ஜநரல் மேலாளர்கள் ,

NBFCs seek 'essential services' tag to keep offices open partially in Maharashtra

NBFCs seek 'essential services' tag to keep offices open partially in Maharashtra
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Sitaram Kunte , Ravi Subramanian , Shriram Housing , சித்தாரம் குண்டே , ரவி சுப்ரமணியன் , ஸ்ரீராம் வீட்டுவசதி ,