Page 2 - Shriram Housing Finance

Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22

The capital will predominantly come from within Shriram group

Former Managing Director Of Shriram Housing Finance Limited, Sujan Sinha Appointed As Non-Executive Non Independent Director Of Mangal Credit And Fincorp Limited

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India Ratings takes 3 finance firms off rating watch negative list

MMFSL maintained sufficient liquidity buffers to make timely debt repayments, even when collections declined

Shriram Housing Finance looking at 50-60% hike in loan disbursement in FY21

Mortgage lender Shriram Housing Finance is looking at around 50-60 per cent increase in loan disbursement to Rs 1,800 crore in the current financial year, a top company official said. The company, promoted by Shriram City Union Finance, had disbursed Rs 1,127 crore in the fiscal ended March 31, 2020. In the first quarter, we didn't do much business. Despite that, in FY21, we will do about 50-60 per cent more business than what we did in FY20. We will end this year with a disbursement of Rs 1,800 crore, the company's managing director and CEO Ravi Subramanian told PTI. In the first quarter of the current fiscal, the housing financier disbursed Rs 77.4 crore, a decline of 68.1 per cent year-on-year, owing to the nationwide lockdown imposed to contain the spread of the coronavirus. In the second quarter of FY21, it disbursed around Rs 520 crore, which was 20-25 per cent more than what it disburses in every quarter, he said. The biggest tumbling block was COVID-19 in Q1, but we have c

Shriram Housing Finance raises Rs 680 cr from various lenders

Firm concludes its maiden PTC deal with ICICI Bank

Subramanian Jambunathan appointed MD & CEO of Shriram Housing Finance

Shriram City Union Finance said Wednesday it has appointed Subramanian Jambunathan as the Managing Director & CEO of its housing finance subsidiary, Shriram Housing Finance Limited. The board in its meeting held on November 20, 2018, appointed Subramanian Jambunathan as the Managing Director and Chief Executive Officer of Shriram Housing Finance Limited, Shriram City Union said in a regulatory filing. Jambunathan's appointment is for a period of five years subject to the approval of the shareholders at general meeting. He is a management graduate from lIM- Bangalore and had joined Shriram City Union Finance Limited as an Executive Director in the year 2010.

Sebi closes proceedings against Shriram Housing Finance

The company had not obtained SCORES authentication from Sebi within the mandated timeframe