Chola NCD
Sector: Residential • Location: India
Source: International Finance Corporation (IFC)
The proposed project envisages a Tier II debt investment in Cholamandalam Investment and Finance Company Limited (“Chola” or the “Company”) which is a leading NBFC headquartered in Chennai, Tamil Nadu. It is primarily focused in the rural and semi-urban sector with 90% presence across Tier III and Tier IV towns and has a loan portfolio of approximately INR220,000 million (US$3,225 million equivale
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project envisages a Tier II debt investment in Cholamandalam Investment and Finance Company Limited (“Chola” or the “Company”) which is a leading NBFC headquartered in Chennai, Tamil Nadu. It is primarily focused in the rural and semi-urban sector with 90% presence across Tier III and Tier IV towns and has a loan portfolio of approximately INR220,000 million (US$3,225 million equivalent). The core business segments include vehicle finance, home equity loans, corporate finance, stock broking and distribution of financial products. The shares are listed in the Bombay (BSE) and National (NSE) Stock Exchanges.IFC’s proposed Tier II investment in Chola will provide capital support at a time when there is significant stress in the economy impacting the CV sector, as well as help the Company to diversify its sources of funding and to scale-up its operations in several low income states. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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