Page 2 - Sundaram Finance

Sundaram Finance to create awareness on govt schemes like MSME Samadhaan

Under MSME Samadhaan, a portal for delayed payment has been created for empowering micro and small entrepreneurs across the country to directly register their cases relating to delayed payments

Sundaram Home Finance seeks to raise Rs 2,500 cr to fund growth plans

Sundaram Home Finance is a leading player in the housing finance sector and has 107 branches across the country.

Sundaram Finance records 59.5% jump to Rs 209 cr in Q4 profit after tax

Non-Banking Finance Company Sundaram Finance Ltd has reported a 59.5 per cent jump on its fourth quarter Profit After Tax at Rs 209 crore.

Sundaram Home Finance mulls raising Rs 2,500 crore to fund growth

Sundaram Home Finance is a wholly-owned subsidiary of non-banking finance company Sundaram Finance Ltd

Sundaram Finance Q3 profit up 45% to Rs 242 cr, disbursements up 8%

Assets under Management stood at Rs 31,226 crore as on December 31, 2020 compared to Rs 30,502 crore a year ago

Sundaram AMC to buy Principal's core businesses for undisclosed sum

Principal Asset decided to exit the asset management business in India

Senior TVS family members to file composite amalgamation scheme with NCLT

Group has over 50 firms managed by various branches of the TVS family tree. With time, the members felt ownership of shares in various enterprises should be in sync with their management

Srinivasaraghavan to retire in March after 18 years as Sundaram Finance MD

He has been with the company for the past 38 years, will be succeeded by Rajiv Lochan

Sundaram Home Finance to raise Rs 2,000 cr in H2 through debt, bank funding

The company plans to raise it through a mix of debt instruments and bank funding

Sundaram Finance clocks net profits at Rs 192 crore in Sept quarter

Non Banking Finance Company Sundaram Finance on Friday recorded net profits at Rs 192 crore for the quarter ending September 30, 2020

Sundaram Finance lowers interest rates on deposits across tenures

The company has around 600 branches spread across the country

Sundaram Finance reports 7% drop in Q1 pre-tax profit to Rs 219 crore

Revenue from operations rose to Rs 948 crore during the quarter ended June 2020, from Rs 930 crore a year ago

Titan Europe likely to sell 10% stake in Wheels India valued at Rs 60 cr

The firm has been reducing stake gradually in the company

NBFC Sundaram Finance revises interest rates with effect from May 1

The interest rates on fresh deposits/renewals stand revised to 6.75% (7%) per annum for 12 and 18 months and to 7% (7.25%) for 24 and 36 months

Sundaram Finance pre-tax profit declines 12% to Rs 234 cr, income down 51%

AUM up 11% to Rs 30,256 cr; deposits rise 15% in H1 to Rs 3,424 cr

Sundaram Fin Q1 profit rises 11.94% to Rs 157.5 cr, disbursements up 7.8%

Assets under management (AUM) as on June 30, 2019, grew by 15.6 % to Rs. 29,977 cr

Sundaram Finance acquires BNP Paribas' stake in two joint ventures

Sundaram BNP Paribas Home Finance Limited was incorporated on July 2, 1999, as a subsidiary of SFL to offer specialised housing finance services to the retail sector in India

Sundaram Finance hikes deposits rates to 7.75% for a year, 8% for 2-3 yrs

The interest rate for Senior Citizens has been increased to 8.25% (8%) per annum for 12 and 18 months

Sundaram Finance sees opportunities in construction, LCV, tractor business

Sundaram Finance, Managing director, TT Srinivasaraghavan said its disbursements grew by 18 per cent last year and loan book by close to 20 per cent

SFL to demerge non-financial service investments into subsidiary

Board members have also approved private placement of non-convertible debentures worth Rs 7,500 cr