Cholamandalam Investment raises ₹1,057 crore from ADB by issuing bonds
Cholamandalam issues unlisted NCDs in tenors of 3-5 years for 1,056.90 crore ($150 million) to Asian Development Bank
New Delhi: Murugappa Group’s financial services arm Cholamandalam Investment and Finance Company has secured over ₹ 1,000 crore funding from Asian Development Bank by issuing bonds to the multi-lateral funding agency.
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