Thursday 22 May 2014

Sundaram Finance offloads its entire shareholding in Credit Information Bureau

Sundaram Finance has sold its entire holdings of 625,000 equity shares of Rs 10 each in Credit Information Bureau (India) to Trans Union International, Inc, USA, after completion of all statutory formalities. Recently, the company’s IT subsidiary - Sundaram Infotech Solutions has bagged three large IT and ERP deals in West Asia.
Sundaram Finance is one of the oldest and largest providers of finance for the acquisition of commercial vehicles of all makes. The commercial vehicle finance provided by it helps the small operators to acquire vehicles with minimum hassle and documentation.

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