Tag: Srini Nagarajan

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

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…