- Sundaram Finance Limited (SFL) and BNP Paribas Personal Finance have entered into an agreement under which Sundaram acquires 49.9% stake in Sundaram BNP Paribas Home Finance Limited (SBPHFL) for Rs.1,000 crore.
About SFL
Sundaram Finance Limited is a financial and investment service provider in India. It is based in Chennai and has more than 640 branches across the country.
- Founder - T.S. Santhanam (In 1954)
- CEO & MD - T.T. Srinivasaraghavan
About BNP Paribas
BNP Paribas is a French international banking group. It is the world's 8th largest bank by total assets and currently operates with a presence in 77 countries.
- Chairman - Jean Lemierre
- CEO - Jean-Laurent Bonnafe
Published On : 21 Jun 2019
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