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Profile
 Cholamandalam
DBS Finance Limited is a pan-Indian company with a joint venture
between Murugappa Group and DBS Bank of Singapore, offering a complete
range of financial services. It is one of India's largest domestically
owned NBFCs with a gross asset base (including securitised assets)
of over Rs 4490 crore. Its bouquet of services comprises personal
loans, vehicle finance, corporate finance, capital market finance
and home equity loans.
CDFL is a leading player in automobile finance
covering a wide range of vehicles such as heavy and light trucks,
cargo three-wheelers and multi-utility vehicles. The company has
presence in over 160 locations across India. The company has evolved
with time and built a portfolio of high quality. The company has
maintained an unbroken track record of dividend payment for over
26 years. Following its partnership with DBS Bank, CDFL has introduced
consumer finance into the Indian market.
Areas of business
Since its incorporation in 1978 as Cholamandalam Investment &
Finance Company Limited (CIFCL), a NBFC, the company has successfully
branched into valuable services in the competitive scenario such as
commercial vehicle finance — focusing on high yield segments
with diversified customer base and exploring new segments like three-wheelers
and used vehicles; corporate finance sector — servicing
business needs of corporates, currently intending to extend its services
to small and medium enterprises (SMEs) in key markets; personal
loans & home equity loans business — currently poised
to expand nationally through a delivery support channel across the
country
To sustain and enhance the high quality CDFL service
experience of customers, the company is also working hard on its
infrastructure and service capabilities — technology initiatives
that will provide seamless transaction delivery across India and
establishing call centres to provide more efficient customer service
delivery besides supporting and boosting cross-sell and collection
mechanism are in the pipeline.
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