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
Tax Planning for Working Women in India
Bank of Maharashtra reduces home loan rates
Carnival of Indian Personal Finance Blogs #3
Identify the cheapest home loan offer
Carnival of Indian Personal Finance Blogs#10


+91-8290666599 vashikaran specialist baba IN...
Love problem solution in Malaysia +91-9166007251
+91-8239923884 ( काली का मंत्र...
DYA @O978O56O514@ Call GiRl ludhiana Female EsCoRts...
HI Fi @~09780560514~@ Call GiRls In ludhiana EsCoRt...
HOW TO CHECK CIVIL STATUS

NEWS THIS WEEK
New outward remittance facility for AXIS bank customers Oct 31, 2014
Yes bank has planned to enter into home loan market Oct 30, 2014
SBI aims to disburse Rs 250 crore per day Oct 27, 2014
SBI branches resumed its working in Andhra Pradesh Oct 21, 2014
Karur vysya bank won IDRBT Banking Technology Excellence award Oct 20, 2014
News Archive