Sundaram Finance Ltd incorporated in 1954 has grown today into one of the most trusted financial services group in India. The "Sundaram" brand is a force to reckon with which is acknowledged by one and all in the sub-continent. Today, the activities of the group span savings products like Deposits and Mutual Funds, Car and Commercial Vehicle Finance, Insurance, Home Loans, Software Solutions, Business Process Outsourcing, Tyre Finance, Fleet Cards and Logistics Services.
The company has a strong workforce of over 2500 employees spread over 500 branches in the country. During the FY 2009-10 hire purchase and loan disbursements touched USD 1292 million and the gross receivables under management stood at over USD 2263 million. The Net profit for the FY 2009-10 was USD 50.22 million and Net worth stood at USD 291.55 million as on 31st March 2010.
Take a look at our Annual Report of the FY 2009-10.
The highlights of Sundaram Finance Ltd. are:
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Capital Adequacy Ratio is at 16.94%.
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Enjoys MAAA rating from ICRA indicating highest degree of safety for deposits.
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Strictly complies with the prudential norms of Reserve Bank of India.
Sundaram Finance also provides a range of financial products and services to its customers through its Joint Ventures /separate companies / division. They are:
1. Sundaram Asset Management Company Limited
Sundaram Mutual has assets under management to the tune of USD 1.5 billion helps investors to reach their financial goals by delivering consistent performance through judicious investment practices.
Please visit
www.sundarammutual.com
2. Sundaram BNP Paribas Home Finance Ltd.
Sundaram Home Finance Limited was incorporated on July 2, 1999, under the Companies Act 1956. Sundaram Finance Limited has promoted Sundaram Home Finance Limited. Sundaram Finance Limited (SFL) and Union de Credit pour le Batiment (UCB) a wholly-owned subsidiary of BNP Paribas, France, had entered into an agreement on 9th May 2007, regarding a strategic partnership in housing finance in India whereby UCB will acquire a 49.9% stake in Sundaram Home Finance Limited, a subsidiary of Sundaram Finance Limited. Consequent to the completion of the regulatory approvals, the name of the Company has been changed to Sundaram BNP Paribas Home Finance Limited effective 28 th November 2007. Sundaram BNP Paribas Home combines its expertise in Home Finance with the service-orientation of its promoter Sundaram Finance.
Please visit
www.sundarambnpparibashome.com
3. Royal Sundaram Alliance Insurance Company Ltd. (Royal Sundaram)
Royal Sundaram Alliance Insurance is a joint venture between Sundaram Finance
Ltd. and Royal SunAlliance Plc., United Kingdom. The company was formally
launched in March 2001 to transact business in the general insurance sector.
Please visit
www.royalsundaram.in
4. Sundaram Business Services Limited (SBS)
Sundaram Business Services Group (SBS and its subsidiary company Professional Management Consultants) is a global BPO services provider, with a service delivery track record since 1995. A 1700 strong team of SBS Group processes over 60 million transactions annually for over 50 clients, some of them being part of Fortune 10 companies. SBS Group focuses on providing non-voice transaction processing back office support in the Banking & Credit, Financial Services and Insurance verticals, and Accounting & Payroll horizontals. SBS is backed by ISO 9001:2000 certified Quality Management System and ISO 27001:2005 certified Information Security Management System. SBS is currently implementing an organization-wide customised Six Sigma quality program.
For more details on services provided by SBS, please visit
www.sundarambpo.com
5. Sundaram Infotech Solutions. (SIS)
Sundaram Infotech Solutions is the IT services division of Sundaram Finance Ltd. At SIS a young and vibrant team of over 170 professionals has the technical expertise to provide specialized IT solutions in the field of financial services. SIS
has been conferred ISO 9001:2000 certification by KPMG for setting standards in design, development and maintenance of software solutions using web based and client server technologies. SIS is the implementation partner for Navision (an ERP software of Microsoft) and has clients in Muscat and Sri Lanka.
Please visit www.sundaraminfotech.com
6. Infreight Logistics Solutions Limited (Infreight)
Infreight provides business consultancy to transporters and service receivers. Infreight also has developed transport management system - a software solution that is intended for transporters and service receivers.
For further information, logon to www.infreight.com
Sundaram Finance group is widely known for upholding exemplary values and the very
name "Sundaram" connotes Service. It's a place where truth and fairness guide the
management of finance.
For an enriching experience, please visit our group web site www.sundaramfinance.in
Please post your queries to wecare@sundaramfinance.in
