Cholamandalam Investment & Finance Company Ltd

The new alliance will help more than 3,600 Maruti Suzuki dealerships across the country with comprehensive inventory funding options for their working capital requirements

It is currently doing disbursements of about ₹10 crore a month in the EV space

Strong growth in disbursals and collections boosts performance

‘Lending is our primary focus, in which we have both reach and capability,’ says Arulselvan

The NCDs have been rated “IND AA+/Stable” by India Ratings & Research and “AA+ (Stable)” by ICRA

The issue is rated AA+ (stable) by India Ratings and ICRA, indicating a high degree of safety in servicing principal and interest, and very low credit risk

Currently, bank term loans account for 57 per cent of the NBFCs total borrowings

Here are three stocks that were in the limelight in the week ended April 9

Prabhudhas Lilladher

Stop-loss can be placed at ₹709

The standalone total income during Q1 FY23 grew to ₹2,770.93 crore