Chola Sales Leap __hot__ Jun 2026

A robust mobile interface caters to tech-savvy users. Wider Reach: Expansion into Tier 2 and Tier 3 cities. Why Customers are Moving to Chola

In a statement to the press, CEO Ravindra Kumar said, "This leap is not an anomaly; it is the result of 18 months of backend restructuring. We focused on high-margin, short-duration loans while keeping our NPAs [non-performing assets] under 3%." chola sales leap

Unlike traditional banks that heavily target tier-1 cities, Chola’s deep-rooted distribution network in tier-2, tier-3, and rural markets allowed it to capture untapped entrepreneurial demand. A robust mobile interface caters to tech-savvy users

: For the fiscal year ended March 31, 2026, Chola reported a 22.75% jump in consolidated profit, reaching ₹5,232.61 crore. CEO Ravindra Kumar said