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Legal merger of Shriram Group firms to happen by Sep, Oct: YS Chakravarti

Demand is definitely coming back, said Chakravarti

YS Chakravarti
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YS Chakravarti, MD and CEO, Shriram City Union Finance (SCUF)

Shine Jacob
With Shriram Group's restructuring on track, Shriram City Union Finance (SCUF) expects the merger to lead to a 10 per cent rise in disbursements in 2022-23. YS Chakravarti, MD and CEO, SCUF, talks about the merger, the integration roadmap, technology up-gradation and revival trends in an exclusive interaction with Shine Jacob. Edited Excerpts:

What is the status of Shriram Capital Ltd (SCL) and Shriram City Union Finance's (SCUF) merger with Shriram Transport Finance Company (STFC)?

The appointed date will be April 2022, and we are on course for the legal merger by September or October 2022.

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