Tag Archives: shriram transport finance

India Inc borrows $2.23 bn from foreign sources in February 2017

MUMBAI: Indian firms’ borrowing from foreign sources stood at $2.23 billion in February 2017, RBI data showed today. In February 2016, the domestic companies had raised more than $1.35 billion from overseas markets through external commercial borrowings (ECBs). The two … Continue reading

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Under investors’ pressure, IDFC and Shriram to redraw merger formula

MUMBAI: IDFC Ltd and the Shriram Group have decided to abandon the merger plan worked out in July this year as shareholder pressure and dilution fears force them to examine a new, less complicated structure. People close to the situation … Continue reading

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NBFCs may rejig businesses as loan disbursements fall

Mumbai: NBFC disbursements slowed for the first time in more than a decade when a credit crunch, in the immediate aftermath of the Lehman Brothers collapse, triggered a global liquidity crisis. The decline could help them readjust business models now … Continue reading

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Non-bank lenders may take a bigger hit in Q1 on second wave

Mumbai: The impact of the second Covid wave would likely be more pronounced, both in terms of business volumes and asset quality, for non-bank lenders as localised lockdowns and loss of lives and livelihoods derailed recovery. While loan volumes in … Continue reading

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debt markets | How will IDFC and Shriram merger impact bond investors

MUMBAI: The proposed merger between IDFC Bank and the Shriram Group has put the spotlight on the rating disparities between the debt instruments of the two entities that together have about $11 billion outstanding in bonds. Debt investors, who took … Continue reading

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NBFC | What turning into banks will mean for NBFCs

It is easier to start and build banks rather than to convert large NBFCs into banks, but can be achieved with RBI guidance and support, says Umesh Revankar, MD & CEO, Shriram Transport Finance . What is your view on … Continue reading

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Shriram Transport Finance share price | Buy Shriram Transport Finance Company, target price Rs 1535: Yes Securities

Yes Securities has buy call on Shriram Transport Finance Company with a target price of Rs 1535. The current market price of Shriram Transport Finance Company Ltd. is Rs 1458. Time period given by analyst is Intra Day when Shriram … Continue reading

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Shriram Transport Finance share price | Buy Shriram Transport Finance Company, target price Rs 1600: Motilal Oswal

Motilal Oswal has buy call on Shriram Transport Finance Company with a target price of Rs 1600. The current market price of Shriram Transport Finance Company Ltd. is Rs 1390. Time period given by analyst is one year when Shriram … Continue reading

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payments | Decline in debit bounce rates hints at pick-up in collections

Mumbai: Bounce rates for debit payments are back to levels seen in January-March, indicating recovery in collections after deterioration in the first quarter of the fiscal. The recovery in bounce rates are an early signal for lower delinquencies for banks … Continue reading

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