Quick Answer: What Is Shriram Transport Re?

Is Bajaj Finance safe?

Bajaj Finance FD carries FAAA rating by CRISIL and MAAA rating by ICRA, which indicate the highest safety for your capital.

Financiers with the highest stability ratings imply a safe investment environment, and ensure that you get your returns in a timely manner, without any default on the part of the issuer..

Why Shriram Transport Finance is down?

Although the fall in profits is largely due to a sharp spike in provisions that were at Rs 11,287 crore, the 2.6% on-year fall in operating profits is a cause of worry. Shriram Transport Finance collected money from 84% of its customers in March. The number came down to 23% in April before surging 52% in May.

How can I apply for Shriram Transport right issue?

How to apply for the Shriram Transport Finance rights issue? Once you either receive the REs from the company or purchase it from the market, you will need to apply for the rights shares using Netbanking ASBA. You can check the process in this post .

How safe is Shriram Transport Finance fixed deposits?

The Shriram Transport Finance Company fixed deposits are rated FAAA / Stable by CRISIL, indicating high degree of safety and ‘MAA+ / with Stable Outlook’ by ICRA indicating high credit quality. One may either invest through physical application form or through the company website.

What is Srtrans?

Shriram Transport Finance Company – RE Ltd. BSE: 0 | NSE: SRTRANS-RE | Shares falling in the `Trade-to-Trade` or `T-segment` are traded in this series and no intraday is allowed. This means trades can only be settled by accepting or giving the delivery of shares.

What is the live customer base of STFC currently?

It has PAN India presence with 1,585 branch offices. Based at Mumbai, it manges asset over 106,300 crores and has a live customer base of app. 20.5 lacs.

Who is the CEO of Shriram Transport Finance?

Umesh G. Revankar (Oct 26, 2016–)Shriram Transport Finance Company/CEO

What is the minimum period of STFC Rd?

12 monthsYou can open a recurring deposit with the Company for a minimum tenure of 12 months to maximum tenure of 60 months.

What does FAAA rating mean?

Description. FAAA (“F Triple A”) Highest Safety. This rating indicates that the degree of safety regarding timely payment of interest and principal is very strong. FAA (“F Double A”) High Safety. This rating indicates that the degree of safety regarding timely payment of interest and principal is strong.

Who is the founder of Shriram Finance?

Ramamurthy ThyagarajanShriram Group is an Indian conglomerate founded on 5 April 1974 by Ramamurthy Thyagarajan, AVS Raja and T. Jayaraman. They have their headquarters in Chennai, Tamil Nadu, India.