factoring Subsidiary India 29-07-2011 Cholamandalam invests Rs 55 crore in factoring subsidiary following loss in second quarter Cholamandalam Factoring registered a pre-tax loss of Rs 57 crore in the second quarter of 2011, resulting in its parent bank Cholamandalam Investment and Finance Company investing Rs 55 crore… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here