Sundaram Home Finance launches an 'emerging business' vertical for affordable housing and small business loans, targeting Rs 300 crore disbursement in FY25.
Sundaram Home Finance launches an 'emerging business' vertical, targeting the affordable housing market and small business loans. The new segment plans to disburse Rs 300 crore in FY25, with 31 branches and 300 employees across Tamil Nadu, Telangana, and Andhra Pradesh. This diversification aims to capitalize on the growing demand for credit in these sectors, contributing to the Indian economy's development.
June 12, 2024
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