Shriram Transport Finance weathered the first wave of the pandemic relatively better than the others, thanks to its exposure to the huge vehicle market.
In Q4, the disbursement grew by a strong 38 percent, and assets under management (AUM) by close to 7 percent.
The company has a healthy capital adequacy ratio (CAR). It has access to diverse sources of funding, and has seen a reduction in cost of funds, although the same is yet to translate to higher interest margin due to excess liquidity in the balance sheet.
In the special segment of ‘Moneycontrol Pro Ideas For Profit’, moneycontrol.com’s Madhuchanda Dey gets more details on the company’s performance, going forward.
Watch the video for more.
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(Edited by : Dipika)
First Published:Jun 21, 2021 11:32 AM IST