Monday, September 4, 2023

BANKING

Sundaram Home Finance, a subsidiary of Sundaram Finance, has announced plans to enter the affordable home loan segment. The company will focus on tier 2 and tier 3 towns and sees this segment as a potential source of long-term growth. Sundaram Home Finance currently manages assets worth Rs 11,200 crore and recorded a net profit of Rs 215 crore in the previous financial year.

from Banking/Finance-Industry-Economic Times https://ift.tt/yviTFz7
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