Kumaraswamy Ramakrishnan

The Group's principal activity is to provide financial services. The Company that commenced business as an equipment financing company has now emerged as a comprehensive financial services solution provider that offers vehicle finance, business finance, home equity loans, mutual funds, stock broking and distribution of financial products to its customers. In 2005, post the joint venture partnership between the Murugappa Group and DBS Bank Limited, Singapore, the Company was renamed as Cholamandalam DBS Finance Limited (CDFL). The company was incorporated in 1978 as the financial services arm of the Murugappa Group.