In order to drive the next phase of its growth, Murugappa Group’s Cholamandalam Investment and Finance Company (Chola) has launched three new business divisions for consumer and small and medium enterprises segment -- Consumer and Small Enterprise Loan (CSEL), Secured Business & Personal Loan (SBPL) and SME Loan (SME).
CIFC has also partnered with leading Fintech companies – BankBazaar, Kreditbee and Paytail. “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. The company is also in advanced discussions with many more Fintechs