cholamandalam investment and finance

Twenty-two persons including employees of a finance firm were booked for fraud, forging documents and criminal conspiracy by the Gotri police. The complaint was registered by the legal manager of cholamandalam investment and finance Company that was defrauded of Rs 7.

cholamandalam investment and finance Company on Tuesday recorded a second-quarter profit of Rs 227.25 crore, up 32.9% from Rs 170.94 crore for the same period last year on strong growth in heavy and mini light commercial vehicle (MLCV) segment.

The board of cholamandalam investment and finance Company on Wednesday decided to invest a sum not exceeding Rs 8 crore in equity shares of White Data Systems.

cholamandalam investment and finance Company reported 35.5% year-on-year (y-o-y) growth in consolidated profit after tax (PAT) to Rs 974.1 crore for 2017-18 (FY18).

The Udham Singh Nagar district consumer disputes redressal commission has ordered cholamandalam investment and finance company to return the vehicle seized from a customer, Jasveer Singh, for non-payment of two EMIs.

The partnership will also give the entity a strong foothold in the EV financing space, with 1,145 branches spread across urban, semi-urban and rural markets

Maruti Suzuki India Limited on Friday announced a partnership with Cholamandalam Investment & Finance Company Limited (CIFCL), one of the leading Non-Banking Financial Companies to provide customised automobile retail financing solutions to buyers. The new solution ‘Buy Now Pay Later Offer’’ is aimed to provide customers with easy financing options.

cholamandalam investment and finance Company Limited (CIFCL) has posted a Profit after Tax (PAT) of 566 crore for the quarter ended June 30, 2022, an increase of 73% over that of the corresponding quarter last financial year at 327 crore.

Cholamandalam Investments Finance Company, part of the $3 billion Murugappa Group, has reported 21.98% growth in profits for the quarter ended December 31, 2010.

Cholamandalam Investment & Finance Co Ltd reported a 31% rise in third-quarter standalone profit after the Chennai-based lender saw more income from its vehicle and home loans.

Diversified non-banking finance company Cholamandalam Finance saw Q4 profit up 41.6% to Rs 192 crore from last year, from strength in its commercial vehicle finance lending business.

: A widow was given relief by Hyderabad District Consumer Forum-II, which directed a finance company to return her house title documents and construction plan along with a no-objection certificate (NoC) that she need not repay any portion of the 42 lakh housing loan her husband had taken.

cholamandalam investment and finance Company Limited on Tuesday reported a third-quarter profit from continuing operations of Rs 249.20 crore, up 53% from Rs 162.52 crore in the year-ago quarter -- on strong growth from its vehicle finance segment.

A vehicle financed by Cholamandalam and purchased by Kumbalam-based Sanfa Ply Marketing was stolen.Police later seized the vehicle.

As the benefit of the recent repo cuts are still not passed on to corporates in the form of lower lending rates, some companies are looking at tapping alternative fund sources.