Sundaram Finance

Sundaram Finance Limited is an Indian financial and investment service provider, based in Chennai. The company offers consumer loans, wealth management, commercial finance, investment banking, private equity, treasury advisory, credit cards and infrastructure finance, among others.[3]

Sundaram Finance Limited was established in 1954.[4] The company is registered with the Reserve Bank of India (RBI), as a Systematically Important Deposit Accepting Non-Banking Financial Company.[5] As of December 2017, the company has a market capitalisation of ₹26,000 crore[6] and operates through more than 640 branches across the country.[7]

Subsidiaries and joint venture

The company has six subsidiaries and manages assets worth inr 69000000000 and has over 4,000 employees as of March 2017.[8] Through various subsidiaries, the group is in the business of life insurance, asset management, private equity, corporate finance, structured finance, insurance broking, wealth management, equity broking, currency broking, commodity broking, financial advisory services, housing finance, pension fund management and health insurance.[9]

In 2017–18, Sundaram Finance demerged its non-financial investments in automotive and manufacturing businesses into a separate company called Sundaram Finance Holdings Limited (SFHL). SFHL holds minority stakes in a number of TVS Group companies including Sundaram Clayton, Turbo Energy, Wheels India, Brakes India and Axles India.[10][11]

The six subsidiaries of Sundaram Finance are:[12]

In October 2025, Sundaram Finance Holdings was demerged from Sundaram Finance as TSF Investments.

  • Sundaram Business Services
  • Sundaram Home Finance (formerly Sundaram BNP Paribas Home Finance)[13]
  • Sundaram Asset Management Company
  • Sundaram Fund Services
  • Sundaram Trustee Company
  • LGF Services
  • Sundaram Finance also has a 50% stake in Royal Sundaram General Insurance, a joint venture with Ageas (40% stake) and Indian investors (10% stake).[14]

References

  1. ^
  2. Sundram Finance Ltd. Financial Statements moneycontrol.com^
  3. Sundaram Finance spurts 8% post Q1 numbers The Economic Times, 2018-08-27, retrieved 2018-11-06^
  4. NBFC in India retrieved 2018-11-06^
  5. Neha Dave. Sundaram Finance: A steady performer, buy Moneycontrol, 18 September 2018, retrieved 15 July 2020^
  6. Sundaram Finance prefers to be circumspect even as truck sales soar @businessline, retrieved 2018-11-06^
  7. Company Overview of Sundaram Finance Limited bloomberg.com^
  8. "A steady performer"^
  9. Sundaram Finance Holdings Ltd Q1 Net Profit at Rs. 20.01crores The Hindu, 28 August 2018, retrieved 15 July 2020^
  10. Sundaram Finance to demerge non—financial service biz The Hindu, 17 February 2017, retrieved 11 April 2021^
  11. Sundaram Finance Holdings Limited - 26th Annual Report 2019-20 www.sundaramholdings.in, retrieved 11 April 2021^
  12. Sundaram Finance Limited - 67th Annual Report 2019-20 sundaramfinance.in, retrieved 11 April 2021^
  13. Sundaram Finance to buy out BNP in JV The Hindu, 20 June 2019, retrieved 11 April 2021^
  14. K. t Jagannathan. Royal Sundaram becomes a JV again The Hindu, 22 February 2019, retrieved 11 April 2021^