Chennai, Aug. 18 -- Continuing its expansion in the Emerging Business (EB) segment, Sundaram Home Finance (SHF) is targeting to treble its disbursement in this segment in Andhra this year.
The company that had registered disbursements of around Rs. 50 crores in Andhra in this segment in FY26 is now targeting disbursements of Rs. 150 crores this year.
It is also planning to expand its branch network this year in Andhra in the EB segment. It currently has around 10 EB branches in Andhra and is now looking to double its branch network to 20 this year with most of the expansion set to take place in smaller towns in the state. As a first step of this current expansion, the company recently opened a branch in Chittoor.
As part of its expansion...