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Credit Market

9 May 2023

Cholamandalam Investment and Finance Company Limited Credit Analysis

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CIFCL has been assigned AA+ to its long-term borrowing and AA to its perpetual papers by ICRA, CARE & India Rating. Its gross NPA stood at 5% as of 31st March 2023 as compared to 7% as of 31st March 2022.

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Subhasis Mishra
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