Umesh Revankar believes that the CV business will continue to grow due to the demand from individual operators and better network penetrati...

The non-banking finance company (NBFC) has already raised 50 billion rupees in the first half of this year and the additional funds raised ...

The insurance and mutual fund companies of the group have been kept out of the merger. The new company will continue to sell insurance poli...

"We expect especially in this quarter the rabi crop being good and the freight rate to be better because April is not so good but May and J...

The profit after tax rose 15% to Rs 387.65 crore as against Rs 338.10 crore recorded in the same period of the previous year.

If the credit demand picks up then banks will be more than willing to reduce the lending rate on the current loans," Revankar said.

"Creating liquidity will make the rates much better and corporates get the advantage when market determines the rates," said Revankar.

"Over a long period, if you really include any fund raising in the future, we shall enjoy a lot of advantage," says Umesh Revankar

"Securitisation as a product has become less attractive. The Budget can address this problem by removing this taxation at the SPV level," s...

The ongoing economic slowdown has resulted in a dip in demand for truckers, while high inflation has wrecked net earning, said Revankar.

Shriram Transport Finance today reported 7 per cent rise in net profit at Rs 366.27 crore in the April-June quarter on the back of rise in ...

Shriram Transport Finance plans to foray into the insurance broking business and is awaiting the nod from the regulator IRDA.

" The interest rate for three years for retail individually is 10.9 anually and for five years, it is 11.15 and there is one unique feature...

Shriram Transport Finance plans to raise Rs25,000-crore debt this fiscal, including Rs1,000 crore through nonconvertible debentures this qu...

The used vehicle market has expanded and we have taken advantage of it. We have grown almost 40% year-on-year on disbursement, says Umesh R...

The used vehicle market has increased from 1 tonne to 40 tonne and the number of vehicles has increased in the last five-six years, says Um...

In an interview with ET Now, Umesh Revankar, Managing Director, Shriram Transport Finance Company Ltd. shares his views about the Q4 GDP da...