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Birth of Sundaram Finance |
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First finance company to be listed on the Madras Stock Exchange. |
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Started Leasing operations.
Formation of Lakshmi General Finance |
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Receivables crossed Rs. 1000 crore (Rs. 10 billion) |
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Deposits crossed Rs. 500 crore (Rs. 5 billion) |
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Formed Sundaram Newton Asset Management Company Ltd. in collaboration with Newton Management Ltd., UK. |
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Received Best Tax Payer Award |
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Received Best Tax Payer Award |
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Receivables crossed Rs. 2000 crore (RS. 20 billion) |
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Promoted Fiat Sundaram Auto Finance Limited, a joint venture with Fidis S.p.A., Italy |
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Promoted Sundaram Home Finance Limited with equity participation from International Finance Corporation (IFC), Washington, and FMO Netherlands |
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Promoted Royal Sundaram Alliance Insurance Company Limited, a joint venture with Royal & Sun Alliance Plc, for Non-Life Insurance |
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Promoted Sundaram Infotech Solutions - Infotech division of Sundaram Finance |
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Promoted Sundaram Business Services - BPO arm of Sundaram Finance |
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Merger with LGF making SF Billion dollar Balance sheet NBFC |
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BNP Paribas Asset Management Group, France acquires 49.90 % stake in Sundaram Asset Management Company Ltd from SFL. |
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Union de Credit pour le Batiment SA (UCB), a wholly owned subsidiary of BNP Paribas SA, France acquires 49.90% stake in Sundaram Home Finance Ltd from SFL. |