Cholamandalam Investment and Finance Company Ltd
NSE:CHOLAFIN

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Cholamandalam Investment and Finance Company Ltd
NSE:CHOLAFIN
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Price: 1 189.35 INR 0.37% Market Closed
Market Cap: 999.9B INR
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Cholamandalam Investment and Finance Company Ltd
Investor Relations

Cholamandalam Investment and Finance Company Ltd. (Chola) is a compelling narrative rooted in the sprawling landscape of India’s dynamic financial industry. Established in 1978 as part of the Murugappa Group, a diversified conglomerate, Chola has grown to become a towering figure in the non-banking financial company (NBFC) sector. Initially, the company positioned itself as a financier for vehicle loans, but it soon expanded its horizons to tap into a variety of financial services. The journey from solely offering vehicle finance to now covering home loans, SME loans, and even wealth management reflects Chola’s relentless adaptability to evolving market needs. Their core approach effectively combines a robust rural presence with urban operations, enabling them to cater to a wide array of financial requirements across distinct consumer segments.

Chola's revenue machine operates through a well-oiled model of diversification, which allows them to mitigate risks while capitalizing on India's rapid economic growth. A significant portion of their profitability is derived from vehicle loans, particularly for commercial vehicles and tractors, catering to India's burgeoning road transport sectors and agriculture. By also delving into home equity loans and affordable housing finance, Chola aligns itself with the rising momentum in India’s real estate and housing markets. This diversification is not random but strategically aligns with sectors that are keystones of the Indian economy, ensuring steady demand. Their income streams are bolstered by the careful underwriting of loans and astute risk management, ensuring that the company's asset quality remains robust even amidst the volatile Indian economic environment. This intricate dance of adaptability and strategic foresight characterizes Chola’s enduring success in the financial services arena.

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Management

Mr. Ravindra Kumar Kundu
MD, President of Business, Head of Vehicle Finance & Executive Director
No Bio Available
Mr. D. Arul Selvan
President & CFO
No Bio Available
Mr. Aman Sharma
Head of Operations
No Bio Available
Ms. Pangurayirath Sujatha
Compliance Officer & Company Secretary
No Bio Available
Mr. Sudhir Rao
Head of Marketing and Corporate Communications
No Bio Available
Mr. Jeeva Balakrishnan
Chief Human Resources Officer
No Bio Available
Mr. Rupinder Singh
Senior VP & Business Head ? Home Equity
No Bio Available
Mr. Shaji Varghese
President of Housing Finance
No Bio Available
Mr. Ajay Bhatia
Chief Risk Officer
No Bio Available
Hardik Pandya
Sr. AVP Treasury
No Bio Available

Contacts

Address
TAMIL NADU
Chennai
Dare House, 2, NSC Bose Road, Parrys
Contacts