Chennai, Dec. 18 -- After having taken almost three years for the first 50 branches in the Emerging Business (EB) segment, Sundaram Home Finance (SHF), a wholly owned subsidiary of Sundaram Finance, has chalked out plans for an accelerated growth in this segment and is targeting to touch the milestone of 100 EB branches by this year end.
The company is also targeting to more than double its EB disbursements to around Rs. 500crores in FY26 from Rs 200 crores last year, according to a release here today.
Commenting on the growth plans, Company MD D. Lakshminarayanan said, "In the first phase of our EB journey, we focused on understanding the market in smaller towns across Tamil Nadu.
"With 50 branches in place, we have gained a better unde...