16 Sep 2025 | 5 Mins Read
Cholamandalam to cut back fintech, supply-chain financing efforts
Flipitmoney
Cholamandalam Investments & Finance will reduce disbursements to fintech partnerships and supply-chain financing, curbing Assets Under Management (AUM) growth to 20-23 percent. AUM rose 24 percent year-on-year to Rs 1.92 lakh crore in the June quarter. Vehicle finance accounts for 54% of the AUM, followed by loan against property at 23% and housing loan at 10%.