Summary
Shriram Finance Limited, a non-banking finance company, primarily provides commercial vehicle financing services in India. It offers commercial vehicle loans for commercial goods vehicles, passenger vehicles, tractors and farm equipment, and construction equipment. The company also provides business loans; fixed and recurring deposits; and working capital loans, including tyre, tax, fuel, and toll finance, as well as vehicle insurance and repair/top-up loans. In addition, it offers challan discounting services; life and general insurance products; consumer finance services; emergency credit line guarantee schemes; stock broking services; and chit and mutual funds. As of March 31, 2022, it operated a network of 1,854 branches. The company also offers its products through 775 rural centers; and partnerships with 500 private financiers. It primarily serves first time buyers, driver-turned-owners, and small road transport operators. The company was formerly known as Shriram Transport Finance Company Limited and changed its name to Shriram Finance Limited in November 2022. Shriram Finance Limited was incorporated in 1979 and is headquartered in Mumbai, India.
History
STFC was incorporated in the year 1979 with its registered office at Chennai. It started its operations from 4th April 1980 with an Authorised Capital of Rs.1.00 Crore. STFC got listed on the Indian bourses in the year 1993.
Mission
To be the most admired Financial Institution in India.
Vision
To provide every Indian an opportunity for economic growth through financial enablement.
Key Team
Mr. S. Sunder (Joint Managing Director)
Mr. Hardeep Singh Tur (Chief Risk Officer)
Mr. P. Sridharan (Joint Managing Director)
Mr. Sanjay K. Mundra (Sr. VP)
Mr. Nilesh Odedara (Joint Managing Director)
Mr. Pratap Paode (Chief Exec. Officer of Shriram Equipment Fin. Company Limited)
Mr. Sudarshan Holla (Joint Managing Director)
Recognition and Awards
STFC has been awarded the following awards: “Best R&D organization in the Non Banking Financial Services” by Frost & Sullivan in 2018, “Golden Peacock Award” on “Innovation in Financial Services 2018”, and “IBBI – SRCC Award 2017-18” by The Insolvency and Bankruptcy Board of India.
References
India 
