Shriram City Union Finance Ltd has announced a hike in the fixed deposit rates by 5 to 25 basis points (0.05%p.a. to 0.25%p.a.) across different tenures.
Mumbai (Maharashtra) [India], February 21 (ANI/PRNewswire): Shriram Housing Finance Limited, Mumbai based affordable housing finance company, promoted by Shriram City Union Finance Limited (Shriram City) and part of the Shriram Group has been Great Place to Work-Certified in India, from February 2022 to February 2023.
Reserve Bank of India (RBI) has allowed some relaxation for lenders including non-banking financial companies (NBFCs) to comply with its new regulations for upgrading non-performing assets (NPAs) as standard ones but upon clearing all dues. The Reserve Bank on Tuesday had extended the time limit for asset classification till September 30, 2022 as against the previous deadline of December 31, 2021.