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‘Rural reach will help us expand in used-vehicle biz’

DNMUM436346 | 5/15/2019 | Author : Swati Khandelwal | WC :388

India Inc Speaks
Zee News

Maximum loan growth will come from the rural market in future, says Umesh Revankar, CEO & MD, Shriram Transport Finance Co Ltd. In an interview with Swati Khandelwal, he also highlighted the ongoing stress in the NBFC sector and expects demand for vehicles to pick up by August-September on hope of a normal monsoon.
Edited excerpts

What are the key highlights of the fourth quarter results? Also, talk about the loan growth and segment-wise performance?
The disbursement in the fourth quarter increased by 25% on a sequential basis. Assets under management (AUM) for the full year increased 8.54% and stands at over Rs 1.04 lakh crore against Rs 96,260 crore. When it comes to loan growth, the rural m
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