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Cholamandalam DBS Finance Ltd

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Cholamandalam DBS Finance Ltd

  • Part of one of India's leading business conglomerates
  • Market leaders in several segments
  • Over 533 branches located all over India

Cholamandalam Investment and Finance Company Ltd was incorporated in 1978 as the financial services arm of the Murugappa Group. It started operations as an equipment financing company and has today emerged as an inclusive financial services provider offering vehicle finance, home loans, home equity loans, SME loans, investment advisory services, stock broking and a variety of other financial services to customers.

The company operates from over 533 branches across India with assets under management above Rs 20,000 crore (US$ 3.29 billion). The subsidiaries of Cholamandalam include Cholamandalam Securities Ltd (CSEC) and Cholamandalam Distribution Services Ltd (CDSL).

Source: http://www.cholamandalam.com/

Cholamandalam DBS Finance Ltd: Major Indian Financial Services Provider

2013 Releases the Sacha Saathi awareness programme for truck drivers
2012 Records an increase in disbursements by 71 per cent, PBT by 245 per cent
2010 Posts 264 per cent growth in disbursements and maintains a gross income of Rs 223 crore (US$ 36.75 million) during Fourth Quarter
2008 Posts Rs 5.90 crore (US$ 972,467.62) of profit before exceptional items and tax
1978 Begins operations

Updated: September, 2014

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