Sundaram Home Finance targets emerging business growth in central Tamil Nadu
Headline by Prism · from 1 report
Sundaram Home Finance plans to double its emerging business segment disbursements in central Tamil Nadu.
The Hindu BusinessLineThe brief
Written by software from the 1 report below.
- Sundaram Home Finance is expanding its presence in the Emerging Business segment within small towns in central Tamil Nadu.
- The company aims to double its disbursements in this region to nearly ₹200 crore for the current year.
- New branch openings are planned for Karaikkal and Thiruthuraipoondi following a recent launch in Mannargudi.
- This growth strategy focuses on penetrating Tier-3 and 4 towns to support the company's business objectives.
What to watch next
- Opening of new EB branches in Karaikkal and Thiruthuraipoondi
- Achievement of the ₹200 crore disbursement target in Central TN
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Who said what
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Lakshminarayanan
1 quote · 1 outlet
“Small towns are driving our growth in the Emerging Business segment. Our current expansion is in line with our strategy of penetrating deep into small towns and establishing a strong presence in Tier-3 and 4 towns in the EB segment.”
In the article
…such as Trichy and Thanjavur. The Emerging Business segment comprises of working capital loans of up to ₹20 lakh and affordable housing finance of up to ₹40 lakh. D. Lakshminarayanan, MD, Sundaram Home Finance said, “ Small towns are driving our growth in the Emerging Business segment. Our current expansion is in line with our strategy of penetrating deep into small towns and establishing a strong presence in Tier-3 and 4 towns in the EB segment. ” Sundaram Home Finance has over 100 branches in the Emerging Business segment spread across TN, Karnataka, Andhra and Telangana. Published on September 25, 2026…
Coverage
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NamedIndia · Tamil Nadu · Lakshminarayanan · Sundaram Home Finance
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