There is no change from organisational perspective: Truhome Finance CEO

Says he expects a fall in the cost of funding after the acquisition amid stronger capital position and better credit rating

Last year, private equity major Warburg Pincus acquired 100 per cent stake in Shriram Housing Finance, which is now re-branded as Truhome Finance. Ravi Subramanian, managing director (MD) and chief executive officer (CEO) of the company, tells Aathira Varier, at an interview in Mumbai, that he expects a fall in the cost of funding after the acquisition amid stronger capital position and better credit rating. Edited excerpts:

 

How much capital has Warburg committed?

 

We will be changing our brand because we are no longer a Shriram Group company. From January 16 onwards, it will be called Truhome Finance Limited. We