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Issuer Profile
20 Jun 2021
Cholamandalam Investment and Finance Company Ltd (CIFCL)
Cholamandalam Investment and Finance Company Limited (CIFCL) a non-banking finance company, is a part of the Chennai-based Murugappa Group of companies. It has a housing loan and SME loan portfolio, which largely constitutes the rest of the portfolio. The proportion of the portfolio in the SME segment is expected to remain modest over the next three years as the company is expected to concentrate on the vehicle finance, HE and housing finance segments. CIFCL has two wholly-owned subsidiaries viz., Cholamandalam Home Finance Limited (erstwhile Cholamandalam Distribution Services Limited) and Cholamandalam Securities Limited, and an associate entity – White Data Systems India Private Limited (31% stake).
Subhasis Mishra
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South Indian Bank Credit Note
25 Mar 2019
Subhasis Mishra