Hyderabad, Nov. 19 -- Sundaram Home Finance (SHF) has announced its entry into Telangana as part of its South India expansion in the Emerging Business (EB) segment, which includes small business loans and affordable housing finance.
The move follows the company's diversification into the segment in October 2022 and its rapid expansion to more than 50 branches, most of them in Tamil Nadu, a company statement said today.
Managing Director D Lakshminarayanan said Telangana marks the next phase of the company's strategic growth after its recent forays into Andhra Pradesh and Karnataka. He noted that entrepreneurs in Tier-3 and Tier-4 towns across Telangana are preparing for their next growth cycle, creating strong demand for small-ticket loan...