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AUM to see 18-20% growth during second half: Shriram Finance's Revankar

Executive vice chairman of Shriram Finance, believes that the company's assets under management (AUM) may see healthy growth during the rest of the year as well

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Umesh Revankar, executive vice-chairman of Shriram Finance

Shine Jacob

4 min read Last Updated : Oct 30 2023 | 7:15 PM IST

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Shriram Finance Ltd, the largest retail NBFC in India, posted a 14 per cent rise in consolidated net profit during the second quarter due to a rise in business volume and improved asset quality. Umesh Revankar, executive vice-chairman of the firm, believes that the company’s assets under management (AUM) may see healthy growth during the rest of the year as well. In a video interview with Shine Jacob, Revankar talks about Q2 numbers, demand growth, and the regulatory scenario. Edited excerpts:

How do you assess the company’s performance during the second quarter?

Normally, the first and second quarters see

Topics : Shriram Group NBFCs AUM finance sector

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