Steady and sustainable loan growth; pristine credit quality
Under the tie-up, One Moto India customers will be able to avail an add on cover-depreciation waiver that enables them full claim without deduction, to their motor policies issued by the brand.
Sundaram Finance is a safe bet considering its long demonstrated track record of stable and profitable growth across business and interest rate cycles
The demonstrated track record of stable and profitable growth across business cycles, established franchise with experienced senior management team, good overall asset quality makes Sundaram Finance a worthy inclusion in the portfolio.
Similarly, the company also plans to increase premium income from commercial line of business-comprising segments like property, engineering, marine and liability to 20 percent from 12 percent over the next five years.
Health insurance companies seem to have become unintended beneficiaries of the government's demonetisation move. Companies in the space are reporting an increase in demand especially from the self-employed segment.
'Gruh Suraksha' offers a suite of tailored offerings catering to the needs of diverse customer segments-ranging from those with annual income of Rs 5 lakh to more than a crore, the company said in a statement.