Company watch: Shriram City Union lending slows but better asset quality boosts profit
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Company watch: Shriram City Union lending slows but better asset quality boosts profit

By Ankit Agarwal

  • 03 May 2019
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Company watch: Shriram City Union lending slows but better asset quality boosts profit
Credit: Pixabay

Shriram City Union Finance Ltd battled a growth slowdown in assets and interest income during the year through March while its borrowings costs rose, as it felt the impact of the liquidity crisis that has plagued non-bank lenders over the past few months. Growth in assets under management and net interest ......

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