Recognition Announcement
Cholamandalam Investment and Finance Company Limited (Chola) has been listed in the prestigious 2025 Burgundy Private Hurun India 500 list. This ranking identifies India's most valuable companies based on their value creation and contribution to India's economic growth.
Significance of Recognition
The recognition underscores Chola's consistent growth, robust financial performance, and focus on customer-centricity. It highlights the company's role in supporting India's evolving financial services sector and reinforces its positioning among India's leading financial institutions.
Management Commentary
Mr. Vellayan Subbiah, Executive Chairman of Cholamandalam Investment and Finance Company, stated: "This recognition reflects the trust and confidence placed in us by our customers, partners, investors, and employees. It is also a testament to our continuous commitment to responsible growth, innovation, and financial inclusion. As we continue to expand our reach and enhance our offerings, we remain committed to driving sustainable growth, improving financial access, and creating long-term value for all our stakeholders."
Business Overview
Chola has built a diversified portfolio spanning multiple financial services including:
- Vehicle finance
- Loan against property
- Home loans
- SME loans
- Consumer durables loans
- Gold loans
- Secured Business & Personal Loans
- Investment advisory services
- Stock broking
- Various other financial services
The company serves millions of customers across India and continues to focus on expanding its reach across geographies while strengthening its footprint across the country, with emphasis on responsible growth, operational excellence, and customer-focused innovation.
Company Scale and Operations
- Operates from 2,452 touch points across India
- Assets under management above INR 242,630 Crores
- Clientele of over 43 lakh customers nationwide
- Incorporated in 1978 as financial services arm of Murugappa Group
- Mission: To enable customers to enter a better life
Corporate Background
Cholamandalam Investment and Finance Company Limited is the financial services arm of the Murugappa Group, a 125-year-old conglomerate with diverse businesses in agriculture, engineering, financial services and more. The Murugappa Group has 10 listed companies and a workforce of 94,041 employees.