"SME and gold loans will be new thrust areas"
“We are delivering around 20% growth in the last year and a half...(and) have added 20,000 people in the last 2 years," Umesh Revankar, vice chairman, Shriram Finance says.
“We are delivering around 20% growth in the last year and a half...(and) have added 20,000 people in the last 2 years," Umesh Revankar, vice chairman, Shriram Finance says.
The RBI’s probe found certain material supervisory concerns in the company’s gold loan portfolio
After a steady fall since June 16 following the U.S. Fed meet, gold prices have begun another trek. This time, thanks to the Basel-lll rules that reclassified gold to a tier 1 zero-risk weight.
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.