Sundaram Finance

Sundram Finance Limited
Private
Industry Financial Services
Founded 1954 (1954)
Founder T.S.Santhanam
Headquarters Chennai, Tamil Nadu, India
Key people
 T. T. Srinivasaraghavan, (Managing Director & CEO)[1]
Products Home Loans, Consumer Loans, Commercial Finance, Wealth Management Private Equity
Revenue Increase₹46.8 billion (US$650 million) (2017)
Increase₹32.4 billion (US$450 million) (2017)
Total assets Increase₹29.8 billion (US$420 million) (2017)
Parent Sundaram Finance Group
Website

Sundaram Finance Limited is a financial and investment service provider in India. It is based in Chennai and has more than 640 branches across the country.[2] The company offers Vehicle loan, construction equipment loan, consumer loans, wealth management, commercial finance, and infrastructure finance, among others.[3]

Overview

Sundaram Finance Limited, a subsidiary of Sundaram Finance Group, was established in the year 1954. It is the financial services arm of the USD 5 billion Sundaram Finance Group.[4] The company is registered with the Reserve Bank of India (RBI) as a Systematically Important Deposit Accepting Non-Banking Financial Company. Sundaram finance offers services like commercial finance, investment banking, consumer loans, private equity, treasury advisory, and credit cards. It serves corporate, retail, and institutional customers through its Investment Arm.[5]

Business developments and initiatives

It is one among the fastest growing Investment and Finance company in India, growing at an annual rate of 26% for the past three years.[6] The company has been moving to a fifth generation tech-driven business platform that has helped it access international markets, driving the business using consumer analytics technology initiatives.[7] As of 2017, December the group has a revenue of 26,000 Crores.[8]

References

  1. ↑ "About CEO"
  2. ↑ "Company Overview of Sundaram Finance Limited"
  3. ↑ [https://economictimes.indiatimes.com/markets/stocks/news/sundaram-finance-spurts-8-post-q1-numbers/articleshow/65557471.cms "Sundaram Finance spurts 8% post Q1 numbers"
  4. ↑ " About"
  5. ↑ "Sundaram Finance: A steady performer"
  6. ↑ "Sundaram Finance Q1 net up by 25.9%"
  7. ↑ "Baby steps for a 63-year-old lender, a stride for start-ups"
  8. ↑ "Sundaram Finance prefers to be circumspect even as truck sales soar"
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