The company is looking forward to launching at least 5.3 msf by the end of FY24 comprising about 5,000 units. The company sees strong growth in the affordable segment, plus the standard growth in demand in all the mid-market and luxury segments.
Shriram Group, a financial services conglomerate, is focusing on retail asset restructuring (ARC) as a strategic move amid the growing competition from wholesale asset reconstruction companies (ARCs). The group has announced its entry into retail asset restructuring (ARC) and digital wealth management service businesses. Shriram General Insurance s Vice-Chairman Jasmit Singh Gujral believes retail ARC is a good business to enter, as there is no one in this sector.
India News: CHENNAI: The Finance Industry Development Council (FIDC), the representative body of asset and loan financing of the NBFCs in India, has appointed Ume.