Is Shriram City Union Finance safe Quora?
Is Shriram City Union Finance safe Quora?
Shriram Transport FD has a credit rating of “FAAA/Stable” by CRISIL that indicates a high degree of safety. These are also rated as “MAA+/with stable outlook” by ICRA, which indicates the high credit quality of the investment.
What is the rating of Shriram City Union Finance?
Rating Action
| Rs.200 Crore Non Convertible Debentures | CRISIL AA/Stable (Assigned) |
|---|---|
| Rs.100 Crore Non Convertible Debentures | CRISIL AA/Stable (Reaffirmed) |
| Rs.50 Crore Non Convertible Debentures | CRISIL AA/Stable (Reaffirmed) |
| Rs.3000 Crore Commercial Paper | CRISIL A1+ (Reaffirmed) |
What is Crisil rating for Shriram City Finance?
Shriram City has well- established market position in SME loan and two-wheeler financing segments. In the SME loan segment, the company is a leading financier among retail NBFCs….Rating Action.
| Rs.200 Crore Non Convertible Debentures | CRISIL AA/Stable (Assigned) |
|---|---|
| Rs.3000 Crore Commercial Paper | CRISIL A1+ (Reaffirmed) |
Is NCD safe?
Secured NCDs are considered safer of the two kinds as their issues are backed by the assets of the company. In the event of the company failing to pay on time, then the investors can recover their dues by liquidating the company’s assets. However, the interest offered on NCDs is low.
How good is Shriram Union finance?
Shriram City FD has the most credible rating, which resonates with the brand name of Shriram City Union Finance. Its fixed deposit has “FAAA/stable” conferred by CRISIL, whereas ICRA has conferred the “MAA+/stable” rating.
What year did SCUF join SME loan business?
Incorporated in the year 1986, Shriram City is prominent in the retail financing space, and among the largest financiers of MSMEs and Two Wheelers in the country. It also offers multiple loan products for acquiring assets such as commercial vehicles, passenger vehicles and home loans.
Is NCD safe investment?
Tips for investing in NCDs NCDs from one single sector (NBFCS that focuses on personal loans) are not safe to invest in. This can lead to higher risk exposure. NCDs from the secondary markets have always delivered higher returns in the past.
https://www.youtube.com/watch?v=8LYwvCdWwVs