Cholamandalam Investment and Finance Company

Cholamandalam Investment and Finance Company Limited
Type	Public
Traded as	NSE: CHOLAFIN; BSE: 511243;
Industry	Financial services
Founded	1978 (44 years ago)
Headquarters	Chennai, Tamil Nadu, India
Key people	Arun Alagappan, (Managing Director)
Products	Vehicle Finance, Home Loans, Mortgage Loans, Wealth Management
Net income	₹1,885.34 crore (US$250 million) (FY19)
Total assets	₹54,279 crore (US$7.2 billion) (FY19)
Number of employees	7000 plus (FY19)
Parent	Murugappa Group
Subsidiaries	Cholamandalam Home Finance Limited (CHFL) ; Cholamandalam Securities Limited (CSEC)
Website	www.cholamandalam.com

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.^[3] 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.^[4]

The company has total assets under management at Rs 54,279 crore with a Net income of Rs 1,885.34 crore as on 31 March 2019.^[1] The company was ranked 9th among the top 50 NBFCs in India by The Banking and Finance Post.^[5]

References[]

^ ^a ^b ^c "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19". www.businesstoday.in. Retrieved 2 September 2019.
^ 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 2 September 2019.
^ bfsiNetwork (17 October 2017). "India's Top 50 NBFCs Ranking | NBFC in India". BFSI. Retrieved 2 September 2019.

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[BT1-1] "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19". www.businesstoday.in. Retrieved 2 September 2019.

[2] ttps://www.thehindubusinessline.com/money-and-banking/cholamandalam-charts-out-future-growth-path/article28286418.ece

[3] "Company Overview of Cholamandalam Investment and Finance Company Limited"

[4] Balachandar, G. "Cholamandalam charts out future growth path". @businessline. Retrieved 2 September 2019.

[5] siNetwork (17 October 2017). "India's Top 50 NBFCs Ranking | NBFC in India". BFSI. Retrieved 2 September 2019.

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