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Birth of Sundaram Finance |
| |
First finance company
to be listed on the Madras Stock Exchange. |
| |
Started Leasing operations.
Formation of Lakshmi General Finance |
| |
Receivables crossed Rs.
1000 crore (Rs. 10 billion) |
| |
Deposits crossed Rs. 500
crore (Rs. 5 billion) |
| |
Formed Sundaram Newton
Asset Management Company Ltd. in collaboration with
Newton Management Ltd., UK. |
| |
Received Best Tax Payer
Award |
| |
Received Best Tax Payer
Award |
| |
Receivables crossed Rs.
2000 crore (RS. 20 billion) |
| |
Promoted Fiat Sundaram
Auto Finance Limited, a joint venture with Fidis S.p.A.,
Italy |
| |
Promoted Sundaram Home
Finance Limited with equity participation from International
Finance Corporation (IFC), Washington, and FMO Netherlands |
| |
Promoted Royal Sundaram
Alliance Insurance Company Limited, a joint venture
with Royal & Sun Alliance Plc, for Non-Life Insurance |
| |
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
|
| |
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.
|