D Lakshminarayanan, MD, Sundaram Home Finance.
The company, which started this in October 2022, has expanded to more than 50 locations, the majority of which are in TN, and is now looking to expand its presence outside the state, according to a press release.
“Small entrepreneurs in Tier 3 and 4 cities of Telangana are gearing up for their next phase of growth and creating positive opportunities for us in the small ticket lending segment. We also see strong potential in the affordable housing sector in smaller cities in the state and are confident that we will tap new growth opportunities in the low-to-middle income housing segment,” said D Lakshminarayanan, MD, Sundaram Home Finance.
On the specific plans for Telangana, Lakshminarayanan said, “Our plan in the initial phase is to open around 10 new branches of emerging companies in Telangana and we are looking at disbursements of ₹120-150 crores in the next twelve months in this segment of the state.”
Growth engines
Talking about the growth drivers in the EB segment, he said, “Having built a strong presence in TN over the last three years, we are now looking at Andhra, Karnataka and Telangana to drive our growth in the Emerging Business segment.”
In the first half of the year, the Emerging Business segment had recorded disbursements of ₹229 crores, a three-fold growth over the first half of the previous year, the release said.
Published on November 18, 2025
#Sundaram #Home #Finance #set #expand #emerging #business #segment #Telangana