Cholamandalam Investment and Finance Company
| Company type | Public |
|---|---|
| NSE: CHOLAFIN BSE: 511243 | |
| Industry | Financial Services |
| Founded | 1978 |
| Headquarters | , |
Key people | Arun Alagappan, (Managing Director) |
| Products | Vehicle Finance, Home Loans, Mortgage Loans, Wealth Management |
| ₹1,885.34 crore (US$240 million) (FY19) [1] | |
| Total assets | ₹54,279 crore (US$6.8 billion) (FY19) [2] |
Number of employees | 7000 plus (FY19) [3] |
| Parent | Murugappa Group |
| Subsidiaries | Cholamandalam Home Finance Limited (CHFL) Cholamandalam Securities Limited (CSEC) |
| Website | www |
Cholamandalam Investment and Finance Company Limited (CIFCL) is a financial and investment service provider in India. It is headquartered in Chennai and has 1029 branches across the country.[4] It is one of the 28 businesses under the Murugappa Group. It employees over 7,000 employees and also has about 16,000 people who assist in various business activities, with the majority being in smaller towns.[5]
The company has total assets under management at Rs 54,279 crore with a Net income of Rs 1,885.34 crore as on March 31, 2019.[6] The company was ranked 9th among the top 50 NBFCs in India by The Banking and Finance Post. [7]
References
- ^ "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19"
- ^ "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19"
- ^ https://www.thehindubusinessline.com/money-and-banking/cholamandalam-charts-out-future-growth-path/article28286418.ece
- ^ "Company Overview of Cholamandalam Investment and Finance Company Limited"
- ^ Balachandar, G. "Cholamandalam charts out future growth path". @businessline. Retrieved 2019-09-02.
- ^ "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19". www.businesstoday.in. Retrieved 2019-09-02.
- ^ bfsiNetwork (2017-10-17). "India's Top 50 NBFCs Ranking | NBFC in India". BFSI. Retrieved 2019-09-02.