Lakshminarayanan is MD Sundaram Home Finance
Apr 2, 2020, 18:06 IST
Chennai, Apr 2(): Leading non-banking financecompany Sundaram Finance Ltd has appointed D Lakshminarayananas the managing director of its subsidiary Sundaram HomeFinance.
Lakshminarayanan succeeds Srinivas Acharya, who hadbeen the managing director since 2010 and was part of SundaramFinance Group for almost four decades, a press release said.
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Lakshminarayanan has been associated with SundaramFinance Group for over a decade.
In the financial year 2019, Sundaram Home Financereported total income of Rs 1,006.27 crore and a net profit ofRs 145.48 crore.
It has 115 branches across the country. VIJ SS(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)