Shriram Housing Finance in merger talks, valuation holds the key

Shriram Housing Finance, a subsidiary of Shriram City Union Finance, is actively pursuing a smaller lender in the affordable housing space for acquisition and merger while valuation mismatch may pose a hurdle to the scheme of things. Talks are on, said managing director Ravi Subramanian.

from Banking/Finance-Industry-Economic Times https://ift.tt/wo7O06Q