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Music Broadcast Limited

Vadodara, Gujarat
 
Sundaram Home Finance Limited
 
 
 

Last Updated on February 23, 2021

 

Implementing Partners

  • Direct Implementation
 
 
 

Thematic Areas

  • Preventive Healthcare, Water and Sanitation
  • Education, Employability and Livelihoods Enhancement
  • Gender, Equality and Women Empowerment, Senior Citizens Care
  • Environmental Sustainability
  • Heritage conservation, Promoting Art, Craft and Culture, Public Libraries
  • Armed Forces Veteran Welfare
 
 
 
 
 

Sundaram Home Finance Limited

‘Sundaram Towers’ 46, Whites Road, Chennai, Tamil Nadu
 

Sector : Finance

International Origin : No

Company Type:

 
 

CSR Financial Details (INR Cr.)

Year
Actual CSR
Prescribed CSR
2019-2020
5.14 Cr
5.14 Cr
2018-2019
4.92 Cr
4.92 Cr
2017-2018
4.61 Cr
4.61 Cr
View all
 


Financial Insights

Estimated Prescribed CSR Budget FY 2020-21: INR 4.36 Cr

Direct Implementation
 

About the company

Sundaram Home Finance is a deposit-taking home finance company registered with the National Housing Bank, established in 1999 as a subsidiary of Sundaram Finance. Until recently a joint venture between BNP Paribas and the Sundaram Finance group, the company has recently seen BNP Paribas forge an exit by sale of stake to Sundaram Finance, thus becoming a wholly owned subsidiary of the latter from September 2019. The regulation of housing finance companies is set to move from NHB to RBI in the current year with the latter likely to tighten the regulatory framework for HFCs and to bring them on par with other NBFCs. The company’s statutory ratios however appear to be well ahead of regulatory requirements which should make for an easy transition. The company mainly provides loans for purchase and construction of houses. The company had outstanding deposits to the tune of Rs 1638 crore by March 31 2020. For the full-year ended March 2020, it reported revenues of Rs 1078 crore up by 7.2% and PAT of Rs 218 crore, up by 50.3% over the same period last year.

 

Headquarter and Plant/Office Locations

Headquarter: Chennai-Tamil Nadu
 
Plant/Office Locations: Chennai-Tamil Nadu,
 

CSR projects of the company

 
Army Welfare Activities
Project Budget: INR 0.05 Cr
The Company has contributed towards the measures for the benefit of armed forces veterans, war widow....
 
More CSR Info >>
 
Environmental Sustainability Development Program
Project Budget: INR 0.25 Cr
The Company contributed ensuring environmental sustainability, ecological balance, protection of flo....
 
More CSR Info >>
 
Heritage Preservation Program
Project Budget: INR 0.56 Cr
The Company contributed towards the protection of national heritage, art and culture including resto....
 
More CSR Info >>
 
Promotion of Gender Equality & Old age Homes
Project Budget: INR 0.16 Cr
The Company contributed towards the promoting gender equality, empowering women, setting up homes an....
 
More CSR Info >>
 
Promotion of Education and Employment Enhancing Skills
Project Budget: INR 1.35 Cr
The Company contributed towards promoting education, including special education and employment enha....
 
More CSR Info >>
 
Promotion of Healthcare and Sanitation
Project Budget: INR 2.77 Cr
The Company contributed towards promoting health care including preventive health care and sanitatio....
 
More CSR Info >>
 
 
 

 
 

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