Sundaram Finance’s wholly owned subsidiary--Sundaram Home Finance has expanded its presence under the Emerging Business segment in Chennai, aiming to disburse Rs 50 crore over the next 12 months in the Chennai zone. The company inaugurated a new branch in Ambattur after establishing its first branch in Tambaram in January this year.
Sundaram Home Finance has already clocked disbursements of over Rs 200 crore in the Emerging Business segment and is looking to double this amount over the next 12 months.
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.
