Shriram Group likely to announce merger of two lending subsidiaries under Shriram Capital

​Shriram City Union Finance, the consumer finance arm of the group will be merged with Shriram Transport Finance, the larger commercial vehicle finance company of the group. ​The creation of a single lending entity is the second step for the group after it announced the creation of a management board to oversee the group's functioning late last month.

from Banking/Finance-Industry-Economic Times https://ift.tt/30qsfBm