Is Shriram Transport Finance a bank?

Is Shriram Transport Finance a bank?

Our Company was incorporated in the year 1979 and is registered as a Deposit taking NBFC with Reserve Bank of India under section 45IA of the Reserve Bank of India Act, 1934.

Who is the owner of Shriram Finance?

Shriram Group is an Indian conglomerate headquartered in Chennai. It was founded on 5 April 1974 by R. Thyagarajan, AVS Raja and T. Jayaraman….Shriram Group.

Type Conglomerate
Founded 5 April 1974 in Chennai, Tamil Nadu, India
Headquarters Chennai, Tamil Nadu, India
Area served India
Key people R. Thyagarajan (Chairman)

How safe is Shriram Transport Finance fixed deposit?

STFC FD is rated FAAA/Stable by CRISIL and MAA+ with Stable Outlook by ICRA. These ratings indicate high credit quality which in turn means a higher degree of safety.

Is Shriram Transport Finance a good buy?

1. Is Shriram Transport Finance Company Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shriram Transport Finance Company Ltd is a average quality company. 2.

Where is the head office of Shriram Finance?

IndiaShriram Transport Finance / Headquarters

How many employees Shriram Transport and finance company?

Business Overview

Area of operation All India
Branch Offices (As at December 31, 2021) 1,834
Employees 25,328
Customers 2,100,000 and counting
Assets under Management (As at December 31, 2021) Rs. 124,602 Crore

Who is the CEO of Shriram City Union Finance Limited?

Mr. YS Chakravarti
Effective from July 2019, Mr. YS Chakravarti is promoted as MD (Managing Director) & CEO (Chief Executive Officer) of Shriram City Union Finance Limited.

Where is the head office of Shriram finance?

Which NBFC is best for fixed deposit 2021?

List of 10 best FD schemes for 3 years

  1. Fincare Small Finance Bank. Fincare offers attractive rates of interest on the 3-year tenure.
  2. KTDFC. A lucrative rate of 6.00% p.a. is paid for term deposits opened for a period of 3 years.
  3. Shriram City.
  4. Mahindra Finance.
  5. Sundaram Finance.
  6. LVB.
  7. Equitas Small Finance Bank.
  8. Yes Bank.

How can I close my FD in Shriram Transport Finance?

How to close the FD before the maturity date

  1. Collect all documents, such as ID proof, deposit certificate, and photographs.
  2. Then, visit the nearby bank branch or the bank branch where the FD account was opened.
  3. Fill and submit the FD account closing form to the bank representative.

Why does Srtransfin fall?

Shriram Transport Finance shares fall after merger of subsidiaries but global brokerages see up to 15% upside.

Is Shriram City Union Finance safe?

Shriram City Union Finance offers a high fixed deposit interest rate and is reliable as indicated by ICRA rating of MAA+. This is the best and a secure way to invest in a fixed deposit.

Is map Shriram transport finance company a private or government company?

Map Shriram Transport Finance Company Limited is a Public incorporated on 30 June 1979. It is classified as Non-govt company and is registered at Registrar of Companies, Chennai. Its authorized share capital is Rs. 15,969,999,900 and its paid up capital is Rs. 2,687,836,160.

What is the business of Shriram finance?

We are a part of the “SHRIRAM” conglomerate which has significant presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds.

Why Shriram for small truck owners?

For us at Shriram, credit-worthiness of the Small Truck Owner has always been an article of faith. This faith has guided our journey from our pioneering days in financing Small Truck Owners to the present day leadership.

When did Ashley become a director of Shriram?