Annual Report 2021-22
Annual Report 2021-22
Notwithstanding operational hardships, FY’22 saw us strengthen our mission of helping Indians own their dream homes. We continued to serve thousands of customers during the year, especially the underserved segments of society.
We are expanding and deepening our national footprint, engaging more with our customers, reinforcing our systems and processes and decentralising our credit functions with multiple control points.
Our teams are empowered to take quick decisions, leading to faster TATs and a high-quality portfolio. We have crossed many significant milestones during the year, growing our brand reputation and recall.
With our proven ability to underwrite diverse customers, our strategies are now geared towards building momentum on all fronts and driving growth.
Shriram Housing Finance Limited (SHFL) is among the country’s fastest growing affordable housing finance companies.
Vision
Implementing the National Vision of ‘Housing for All’ in our ‘Shriram’ way by reaching out to all section of the population with innovative home loan schemes.
Mission
To serve the under-served population of the country in fulfilling their aspiration of owning a dream home by ‘Finding Ways to Funding Homes’.
Founder, Shriram Group
IN
BUILDING
Founded by Shri Ramamurthy Thyagarajan in 1974, Shriram Group is today among the leading financial services companies in India. Starting as a chit funds business, the Shriram Group has grown into ₹ 1 Lakh + Crore conglomerate with diverse presence in financial services with 8 companies serving more than 21.5 Million lives in India.
With a purpose to ‘serve the underserved’, Shri R. Thyagarajan has built a group with combined assets under management (AUM) exceeding ₹ 1.75 Lakh + Crore, run by 74,500 employees and 3950 offices nation-wide.
A Padma Bhushan awardee in 2013 in the field of trade and industry, Shri R. Thyagarajan’s humility, determination and foresight have enabled him to build Shriram Group as a successful culture-driven conglomerate.
Commencement of business
Registered as HFC under the National Housing Bank
AUM of
First round of equity infusion, completed by SCUF & Valiant
(₹ 200 Crore)
Raised first bank loan at credit rating of CARE
AUM of
AUM of
New Leadership team in place
Rated AA by CRISIL
AUM of
New Brand Identity
AUM of
Recognised as ET Best BFSI Brands 2021
Capital Infusion by SCUF
With the endeavour to penetrate more cities and fulfil aspirations of people of having their own dream house, we are leveraging the extensive Shriram Group network of branches and massive customer franchise.
Our initiative – ‘Griha Poorti’ is aimed at offering housing finance to the group customers and further strengthening the group offerings for existing customers. We initially launched Griha Poorti in Andhra Pradesh and Telengana and now we are working towards replicating the same concept across all the group branches across the country.
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As a result-focused and people-oriented organisation, we strive to build a work environment that is diverse, open and helps employees strike a balance between professional and personal lives.
Our people remain at the core of our business and we constantly invest towards upgrading their skills and knowledge, keeping them at par with changing market environment.
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Christmas Celebration
Women’s Day Celebration
Annual event : Ignite 2022
Annual event : Ignite 2022
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