Shriram Transport Finance

Rank#2074

Market Cap6.21B

CountryIndia

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.

References

https://en.wikipedia.org/wiki/Shriram_Group

https://in.investing.com/equities/shriram-transport-finance

https://finance.yahoo.com/quote/SRTRANSFIN.NS/profile?p=SRTRANSFIN.NS

https://www.crunchbase.com/organization/shriram-transport

https://companiesmarketcap.com/

https://shriramfinance.in

Leadership team