Sundaram Finance’s wholly-owned subsidiary -- Sundaram Home Finance is planning to double its Small Business Loans (SBL) branches over the next 12 months including setting foot in Telangana. Telangana will be the company's first expansion outside Tamil Nadu (TN) in the SBL segment.
The company is in the process of identifying pockets of opportunities in smaller towns in TN and Telangana and expects to finalise them in Q4 this year and the new branches would become fully operational next year.
Sundaram Finance has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.
