A Good Q2 For Chola Invst | See 15-20 Bps Impact On Funding Cost Due To 50 Bps Rate Hikes, Says Co
CNBC-TV18 · 29 Oct 2026 · 13 min
Management interview of Cholamandalam Investment and Finance Company Ltd (CHOLAFIN), with 7 key numbers discussed.
- D. Arulselvan, Chief Financial Officer, Cholamandalam Investment and Finance Company Ltd
Cholamandalam Investment and Finance Company maintained its full-year AUM growth guidance at 20-23% despite a higher second-half base, alongside targeting a pre-tax ROTA of 3.4-3.5%. Management expects funding costs to rise by 15-20 bps over the full year due to cumulative 50 bps rate hikes, but expects this to be offset by savings in credit costs and operating expenses. The company plans to raise Rs 5,000 cr via equity or convertible debentures within the next six to nine months in a single tranche. In the gold loan segment, branch network will expand to around 450 branches by year-end.