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| Cholamandalam
Financial Services Group |
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Cholamandalam Financial Services Group (Cholamandalam FSG) is a pan-Indian, composite financial services provider. Cholamandalam FSG comprises the parent company, Cholamandalam Investment & Finance Company Limited, and its subsidiaries and associates. Cholamandalam Investment and Finance Company Limited (CIFCL) is now a joint venture between the Murugappa Group and Singapore's DBS Bank. The shares of CIFCL are listed in the Mumbai (BSE) and National (NSE) Stock Exchanges.
The Rs 6250 crores Murugappa Group is one of India's largest family-promoted, professionally managed corporates with over 22,000 employees. A pioneer and market leader in several fields with over 40 manufacturing operations across 12 states in India, the group has a strong presence in farm inputs, engineering and cycles, sugar, abrasives, finance, general insurance, sanitaryware, plantations, bio-products and nutraceuticals.
DBS is the largest bank in Singapore and the fifth largest banking group in Hong Kong with total assets of S$175.5 billion. It reported total income of S$4.5 billion (Rs 119.3 billion) and net profit after tax of S$1.9 billion for the year ended Dec 31 2004. It has leading positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising. The Bank's credit ratings are among the highest in the Asia-Pacific region.
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Companies in the Cholamandalam Financial Services Group
CDFL, DCAM, DCDL, DCSec |
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Cholamandalam DBS Finance Limited (CDFL)Incorporated in 1978 as Cholamandalam Investment & Finance Company Limited (CIFCL), the Company began operations as a Non Banking Finance Company (NBFC) offering equipment finance to small and medium sized companies in South India. Today,
Cholamandalam DBS Finance Limited is a joint venture between Murugappa Group and DBS Bank of Singapore and one of India's largest domestically owned NBFCs with a gross asset base (including securitised assets) of over
Rs 2075 crores. CDFL offers vehicle finance, corporate finance, capital market finance and fixed deposits.
CDFL offers finance for a wide range of vehicles - HCVs, LCVs, cars, MUVs and cargo three-wheelers. The company operates from over 120 locations from Jalandhar to Trivandrum. The company has built up a portfolio of high quality. The company has an unbroken track record of dividend payment for over 25 years. Following its partnership with DBS Bank, CDFL offers consumer finance in the Indian
market.
For more information, visit www.cholamandalam.com
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DBS Cholamandalam AMC Limited (DCAMC)
DBS Cholamandalam AMC Limited (DCAMC) is the asset management
company and the investment manager of Chola Mutual Fund, which
offers mutual funds to retail and institutional investors.
Established in 1996, DCAMC manages funds in excess of Rs 15
billion across 14 schemes with over 100,000 customers. Known for
its prudent philosophy in fund management, DCAMC offers the
entire range of cash, debt and equity products. DCAMC is present
in over 14 locations and also has a strong distribution network
in place.
For more information, visit www.dbscholamutualfund.com
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DBS Cholamandalam Distribution Limited (DCDL)
DBS Cholamandalam Distribution Limited (DCDL) is in the
business of distribution of a wide array of financial services
products - both in-house and third party - to high-net worth and
retail clients. Products offered include mutual funds, fixed
income, share trading, savings instruments, capital bonds,
IT/PAN processing services, equity IPOs and life and general
insurance. The company combines reach in over 22 cities with
richness of its investment advisory services. Established in
2000, the company already mobilizes over Rs.2500 crores of
investments in a year.
For more information, visit www.rupeelane.com
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DBS Cholamandalam Securities Limited (DCSec)
DBS Cholamandalam Securities Limited (DCSec) is a securities brokerage firm offering stock broking and equity research services to institutional investors, including many of the largest mutual funds in India, and to select individual clients.
DCSec is a member of Bombay Stock Exchange and National Stock Exchange. It is also a depository participant with NSDL.
For more information, visit www.chola-sec.com
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