NEWS & ADVICE : HOME LOANS
Shriram City Union Finance Ltd plans to double branches in North India
By Joseph Samson
Mar 7, 2013
Print    Email    RSS   

Chennai based, Shriram City Union Finance Ltd is looking forward to double the number of outlets in North India in the next three years, said Chief Operating of Officer, Mr. Y. S. Chakravarthi.

The company plans to take the total count of its outlets in the North to 250 in the next three years, from the present 100 branches, said Mr. Chakravarthi.

Mr. Arun Duggal, Chairman of Shriram City Union Finance, inaugurated the 100th branch at South Delhi few days back.

In the northern region, the average value of small business loan provided by the company is about Rs 3 lakh. In the South, the average size of SME loans is Rs 10 lakh.

The company has over 900 branches in the South and in the western regions and it provides loans for small businesses, loans against gold and personal loans.

The Shriram Group is likely to be one of the applicants for the new banking licence to be issued by the Reserve Bank of India. The RBI had recently issued the final guidelines for the new bank licences.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Evaluate Hidden costs before buying a house
Home Loan: A way to reduce your taxable...
What should you do if interest rates are...
If the interest rate is same, how do you...
Home Loan Agreement: An important aspect...


please mail provisional certificate for HOME loan...
what is balance amount the home loan home loan...
what is balance amount the home loan home loan...
APPLY FOR URGENT LOAN
can i take dsa of sbi , hdfc, icici, axis bank?
I want to know my home loan status. PAN card no....

NEWS THIS WEEK
Banking products for women Jul 22, 2014
SBI campaign – ‘Home Loan on wheels’ Jul 21, 2014
Home loan EMIs expected to drop down by 8-10% Jul 18, 2014
Dropdown in home loans and raise in education loan Jul 17, 2014
New Loan product unveiled by BMB bank Jul 16, 2014
News Archive