Cholamandalam MS General Insurance Co. Ltd., announced the retirement of S. S. Gopalarathnam as the Managing Director. V. Suryanarayanan, currently President and COO, will take over as the Managing Director of Cholamandalam MS General Insurance Co. Ltd., effective 1st July 2020. S. S. Gopalarathnam retires as Managing Director of Cholamandalam MS General Insurance Co. Ltd.…
Tag: Cholamandalam
Maruti Suzuki partners with Cholamandalam to make car buying easier amid pandemic
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•In order to make new car purchase easy and affordable, Maruti Suzuki India Limited announced a partnership with Cholamandalam Investment & Finance Company Limited (CIFCL), a Non-Banking Financial Company. The partnership will provide customised auto retail financing solutions to retail buyers. The new solution “Buy Now Pay Later Offer’’ is aimed to provide customers with…
Cholamandalam Finance raises ₹4 billion Tier-II debt from CDC Group
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•Cholamandalam Investment and Finance Company Limited, one of India’s financial services companies, has raised ₹4 billion from CDC Group Plc, the United Kingdom’s Development Finance Institution and impact investor through the issuance of unsecured, subordinated, Rupee Denominated Masala Bonds. CIFCL caters to small and medium road transport operators for new and used commercial vehicles with…