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Sundaram Finance advances with JV increasing deposit interest rates

Sundaram Finance Ltd. | Finance - NBFC | BFSI | BSE: 590071 | NSE: SUNDARMFIN

21 Jun 2018 Evaluate

Sundaram Finance is currently trading at Rs. 1777.95, up by 29.90 points or 1.71% from its previous closing of Rs. 1748.05 on the BSE.

The scrip opened at Rs. 1776.85 and has touched a high and low of Rs. 1777.95 and Rs. 1764.10 respectively. So far 6 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2085.00 on 22-Jan-2018 and a 52 week low of Rs. 1533.00 on 23-Mar-2018.

Last one week high and low of the scrip stood at Rs. 1768.95 and Rs. 1700.00 respectively. The current market cap of the company is Rs. 19609.83 crore.

The promoters holding in the company stood at 35.95%, while Institutions and Non-Institutions held 17.77% and 46.27% respectively.

Sundaram Finance and BNP Paribas Personal Finance Joint Venture (JV) Company -- Sundaram BNP Paribas Home Finance has increased its deposit interest rates for 12 Month and 18-Month deposit schemes with effect from June 22, 2018.

Interest rate for 12 month deposits for senior citizens will be 7.50% per annum (p.a.) and 7.00% p.a. for others at quarterly rests and interest rate for trusts will be 7.50%.

The interest for 18 month deposits for senior citizens will be 7.25% and 6.75% for others at quarterly rests and for trusts, the interest rate will be 6.75%. The interest rates for its 24 36, 48 and 60 Months deposits remain unchanged.

Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.

Sundaram Finance Share Price

4971.85 -29.85 (-0.60%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Finance	939.45
Shriram Finance	1045.65
Aditya Birla Capital	344.60
Chola Invest & Fin.	1588.55
Tata Capital	334.85
View more..

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Sundaram Finance advances with JV increasing deposit interest rates

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