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Cholamandalam Finance raises INR 4 billion Tier-II debt from CDC Group

Cholamandalam Finance raises INR 4 billion Tier-II debt from CDC Group

Chennai/IBNS: Cholamandalam Investment and Finance Company Limited (CIFCL) has raised INR 4 billion (c.$57 million) from CDC Group Plc (CDC), the United Kingdom’s Development Finance Institution and impact investor through the issuance of unsecured, subordinated, Rupee Denominated Masala Bonds.

Cholamandalam appoints Arun Alagappan as Managing Director

Cholamandalam appoints Arun Alagappan as Managing Director

Chennai/IBNS: The Board of Directors of Cholamandalam Investment and Finance Company Limited (CIFCL) has approved the appointment of Arun Alagappan as the Managing Director of the Company for a period of five years effective from Nov 15, 2019.

CIFCL releases audited financial results

CIFCL releases audited financial results

Chennai/IBNS: The Board of Directors of Cholamandalam Investment and Finance Company Limited (CIFCL) has approved the audited financial results for the quarter and half year ended Sept 30, 2019.