Sundaram Finance
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Company type | Private |
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Industry | Financial Services |
Founded | 1954 |
Founder | T.S.Santhanam |
Headquarters | , |
Key people | T. T. Srinivasaraghavan, (Managing Director & CEO)[1] |
Products | Home Loans, Consumer Loans, Commercial Finance, Wealth Management Private Equity |
Revenue | ![]() |
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Total assets | ![]() |
Parent | Sundaram Finance Group |
Website | [1] |
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]
Sundaram Finance Group
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Company type | Public company |
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Founded | 1954 |
Headquarters | , India |
Area served | India |
Key people | T.T. Srinivasaraghavan (Chairman) |
Products | Financial Services |
Revenue | ![]() |
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Total assets | ![]() |
Website | www |
Sundaram Finance Group is the holding company for all financial service businesses of the group and is a Non-Banking Financial Institution (NBFC).[9]
The company has six subsidiaries and manages assets worth ₹69 billion (US$830 million) and has over 4,000 employees as of March, 2017.[10] Through various subsidiaries, the group is in the business of life insurance, asset management, private equity, corporate finance, structured finance, insurance broking, wealth management, equity broking, currency broking, commodity broking, financial advisory services, housing finance, pension fund management and health insurance.[11]
Subsidiaries
The six subsidiaries of the group are as follows,
- Sundaram Finance Limited
- Royal Sundaram General Insurance
- Sundaram BNP Home Finance
- Sundaram Mutual Fund
- Sundaram Finance Holding
- Sundaram Business Services
References
- ^ "About CEO"
- ^ "Company Overview of Sundaram Finance Limited". bloomberg.com.
- ^ "Sundaram Finance spurts 8% post Q1 numbers". The Economic Times. 27 August 2018. Retrieved 6 November 2018.
- ^ "NBFC in India | Home Equity Loans | Vehicle Loans | Chola". Retrieved 6 November 2018.
- ^ Dave, Neha (18 September 2018). "Sundaram Finance: A steady performer, buy". Moneycontrol. Retrieved 15 July 2020.
- ^ "Sundaram Finance Q1 net up by 25.9%". @businessline. Retrieved 6 November 2018.
- ^ "Baby steps for a 63-year-old lender, a stride for start-ups". @businessline. Retrieved 6 November 2018.
- ^ "Sundaram Finance prefers to be circumspect even as truck sales soar". @businessline. Retrieved 6 November 2018.
- ^ Sundaram Finance Limited: Private Company Information - Bloomberg
- ^ "A steady performer"
- ^ "Sundaram Finance Holdings Ltd Q1 Net Profit at Rs. 20.01crores". The Hindu. 28 August 2018. Retrieved 15 July 2020.
SFHL is the holding company for all non-financial services investments of the Sundaram Finance Group
External links