Chola forays into gold loans, eyes Rs 1,500-crore book
- Posted on May 1, 2025
- By Financial Express
- 2 Views
Chola forays into gold loans, eyes Rs 1,500-crore book
Cholamandalam Investment & Finance enters the gold loan segment, aiming for a Rs 1,500-crore loan book via 120 new branches. As part of its diversification strategy, Chola plans to reduce vehicle finance share and boost growth in secured lending, mortgage, and small enterprise loans.
