Sundaram BNP Paribas Home Finance has decided to expand its business in order to cash on the rising demand in home loan segment. The company is a joint venture between Sundaram Finance Ltd (SFL) and the French banking major, BNP Paribas Group.

As a result of its plans, it has already upgraded 16 spoke locations of it in South India to full time offices so as to facilitate faster penetration into the market.

Srinivas Acharya, managing director, Sundaram BNP Paribas Home Finance, said, "The network expansion in Karnataka and Andhra Pradesh and the upgrade in a large number spokes into hubs is a reflection of the revival in the home finance market and the strong growth the company has seen this year."