Shriram Automall India Ltd (SAMIL) has signed a joined agreement with Religare Finvest Ltd. With this tie-up, the company marks a successful commencement of its association with the financial institution and extends the benefits of its holistic solutions for the disposal of all types of pre-owned immovable assets.
Sharing views over the tie-up, Sameer Malhotra, CEO, SAMIL said, ¨Since its inception, Shriram Automall has created a unique path for industry to follow, getting associated with leading financial institutions within a span of just five years. Religare is a proof that we are indeed on the right path and will continue to create benchmark with our professional services when it comes to disposal of pre-owned assets.¨
¨With this association we aim to reap maximum benefit through Shriram Automall´s expertise in immovable NPA asset space. Shriram Automall has over the years proved itself as market leaders and we are confident on better conversion in liquidation of our NPA properties from our inventory through their effective disposal platforms,¨ said Pankaj Sharma, Chief Risk Officer, Religare Finvest Ltd.