“While consolidating the company’s position as a leading player in the vehicle finance, loan against property, and housing finance businesses, the company has also launched these three new business divisions,” said a company statement.
CSEL business will focus on threeareas – personal & professional loans (PPL), micro & small enterprise loans and strategic digital partnerships.
“We are excited to launch three new business divisions in the consumer and SME ecosystem spaces. We have also partnered with leading fintech companies. We are confident that these initiatives and partnerships will go a long way in helping us towards making our products and services easily available to our potential customers,” said Vellayan Subbiah, Chairman, Cholamandalam Investment & Finance Company Ltd.
https://www.thehindubusinessline.com/money-and-banking/cholamandalam-launches-3-new-biz-verticals-for-consumer-sme-loans/article64910107.ece