Sundaram Finance Ltd

Also sees record net profit of over ₹1,000 crore

The company is looking to hire over 100 people for small business loan segment

The company hired about 100 people for this segment in H2 of FY22 and plans to hire another 100 in the first half of this fiscal

The company has also declared an interim dividend of ₹12 per share

Sundaram Home Finance has recently revised the rates on fixed deposits. The Chennai-based lender’s deposits carry the highest AAA rating and therefore are quite safe in terms of principal and interest servicing

This is the 4th upward rate revision in since June this year

Disbursements grow 42 per cent to ₹5,139 crore

There are monthly and quarterly interest payout options, apart from cumulative deposits

We zoom in on the prospects of Lemon Tree Hotels, as also that of two other stocks — Bharat Forge and Sundaram Finance

Senior citizens will get an additional interest of 0.35 per cent for one, two and three years, respectively. i.e, 7.00 per cent

Opens an exclusive branch in Madurai; will also open another branch in Tenkasi this Friday