The high potential SME and two-wheeler segments are key drivers

Niche focus in the small enterprises finance space and healthy presence in the two-wheeler segment have kept the performance of Shriram City Union Finance (a subsidiary of Shriram Capital) in good stead. While migrating to the more stringent non-performing asset (NPA) recognition norms has impacted its earnings in the latest March quarter, healthy provision cover provides cushion as the company sw...