Milestones

MILESTONES SINCE INCEPTION

  • In 2002 we took over Shree Biradev Finance Pvt. Ltd. (NBFC) and started operating in the same name.
  • In 2008 we got into a Revenue Sharing Partnership with Shriram Transport Finance Company Ltd (STFC)
  • During the year 2008-2009 we were awarded by STFC for our outstanding Regional All Round Performance in Advances and Portfolio Management of Commercial Vehicle Finance.
  • In 2013 we were again awarded by STFC for our outstanding Regional Performance in Settlement of Commercial Vehicle Finance.
  • In 2017 we took voluntary exit from STFC and we got into a RSP with Hinduja Leyland Finance in 2019.
  • In 2018 started expanding outside Gulbarga by making branches.
  • In 2019 it had increased to 10 branches
  • In 2020, two new young directors were appointed
  • In the year 2021, we had total of 15 branches.
  • In March 2022, we started issuing Non convertible debentures and we were oversubscribed for the very first issue itself
  • In the year 2022, the number of branches increased to 20
  • In 2022 we have expanded to a different state by starting a branch in Tandur, Andhra Pradesh.