A Car-Loan Lender Plans to Offer $21,000 Mortgages for Indian Homes
A construction worker fits bathroom tiles at a house under renovation. (Photographer: Chris Ratcliffe/Bloomberg)

A Car-Loan Lender Plans to Offer $21,000 Mortgages for Indian Homes

(Bloomberg) -- Cholamandalam Investment & Finance Co., an Indian financier for vehicles, is persisting with its plan to set up a mortgage-finance unit undeterred by a credit crunch that’s roiling s...
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