Shriram Transport - Shriram City, Shriram Capital Merger Synergies To Accrue In The Medium-Term: Systematix

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Systematix Research Report.The board of Shriram Group announced the merger of Shriram Capital Ltd. and Shriram City Union Finance Ltd. with Shriram Transport Finance Company Ltd. to form Shriram Finance Ltd. - the largest retail financing non-banking financial company catering to India’s unbanked and underbanked customer segments through 3,500 plus branches and ~50,000 plus employees. We remain sanguine about a strong disbursement run rate in H2 FY22E and the normalisation of credit costs in FY23E. Shriram City’s competitive strength lies in its in-house origination, appraisal and collections process. It is also one of the largest two-wheeler loan originators with 6,000 plus dealer relationships. While merger synergies for customers would accrue over three to five years, we remain upbeat about credit rating upgrades for Shriram City and Shriram Transport Finance due to the diversification..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Shriram Transport - Shriram City, Shriram Capital Merger Synergies To Accrue In The Medium-Term: Systematix

Shriram Transport - Shriram City, Shriram Capital Merger Synergies To Accrue In The Medium-Term: Systematix

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