More than half of the company’s credit goes to small enterprises, a lucrative segment

The vast financing needs of small businesses presents a large opportunity for banks and non-banking finance companies that cater to this segment. Shriram City Union Finance, whose mainstay business is to finance small enterprises, has been witnessing consistent growth in this segment. Thanks to the wide chit fund customer base under Shriram Chit Funds (part of the Shriram Group), the company has b...