DBS Cholamandalam AMC: L&T Finance among suitors

Financial services companies, including L&T Finance, are in the race to acquire DBS Cholamandalam Asset Management Company, which is a joint venture between Singapore's DBS Bank and the......

15 large NBFCs to comply with enhanced regulatory norms: RBI

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......

DBS to pay Rs 228 cr for 37.5% in Chola Inv

Singapore-based DBS Bank will invest Rs 228 crore to take 37.5 per cent in the Murugappa Group-controlled Cholamandalam Investment and Finance Company.The deal will also see the Murugappa group......

More PAN card work outsourced

Cholamandalam Distribution Services Ltd on Wednesday said it has entered into a tie-up with UTI Investor Services Ltd to process IT PAN number applications in the country.CDSL, belonging to the......