Repco Home Finance sets up satellite centre at Sri City Chennai

City-based Repco Home Finance has inaugurated a satellite center at neighboring Sri City Special Economic Zone under its expansion drive.

Repco Home Finance Ltd, Chairman, and former Chief Election Commissioner T S Krishna Murthy unveiled a plaque at Sri City, about 100 km from here, recently.

"I would like to thank (Sri City Founder) Ravindra Sannareddy for responding positively to our proposal of setting up a satellite center. We hope employees of Sri City units and public will make use of our services", Murthy said in a statement today.

Sannareddy said the entry of Repco Home Finance Ltd has come at a time when Sri City was focusing on developing social infrastructure.

"Their presence in Sri City will certainly be an added advantage to people who aspire to own a house", he said. Repco Home Finance has 141 branches and 23 satellite centers across the country.

The company clocked a profit for the quarter ending June 30, 2018, to Rs 60.9 crore.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)