Cholamandalam Investment and Finance Company
Cholamandalam is a pan-Indian, composite financial services provider. It comprises the parent company, Cholamandalam Investment & Finance Company Limited (CIFCL), and its subsidiaries Cholamandalam Distribution Services Limited and Cholamandalam Securities Limited. The shares of CIFCL are listed in the Bombay Stock Exchange Ltd. and The National Stock Exchange of India Ltd.
Cholamandalam Investment and Finance Company Limited (CIFCL)
CIFCL was incorporated in 1978 as the financial services arm of the Murugappa Group. The Company that commenced business as an equipment financing company has now emerged as a comprehensive financial services solution provider that offers vehicle finance, home equity loans, Corporate finance, stock broking and distribution of financial products to its customers. The Company operates from over 533 branches across India with assets under management above RS.20,000 Crores. The subsidiaries of Cholamandalam include Cholamandalam Securities Limited (CSec) and Cholamandalam Distribution Limited (CDSL).