Type | Private |
---|---|
Industry | Financial Services |
Founded | 1954 |
Founder | T.S.Santhanam |
Headquarters | Chennai, Tamil Nadu , |
Key people | T. T. Srinivasaraghavan, (Managing Director & CEO)[1] |
Products | Home Loans, Consumer Loans, Commercial Finance, Wealth Management Private Equity |
Revenue | ₹46.8 billion (US$660 million) (2017) |
₹32.4 billion (US$450 million) (2017) | |
Total assets | ₹29.8 billion (US$420 million) (2017) |
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]
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]
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]