CHEMMANUR CREDITS AND INVESTMENTS LIMITED was promoted by Chemmanur International Jewellers Group. The chief promoter of the company is Mr.Chemmanur Devassykutty Boby, a young and dynamic businessman of the day and a renowned name in the jewellery field. His family was into jewellery line of business for the last 156 years and has made the brand name Chemmanur internationally famous and is well known among 19 Crore population throughout the world (as per SMU survey). Chemmanur International Jewellers has got the unique distinction of the world’s first jewellery to receive ISO certification for quality management and BIS certification for purity of gold. Mr. Boby Chemmanur evinced very keen interest in the gold business and his successful experience in this line had given sufficient encouragement to him to venture the NBFC line of business. The group owns 40 jewellery outlets in and outside India with manpower of more than 5000 employees at various levels. His business skills were duly recognized and acknowledged by the business community all over the world. As a result, he bagged many awards, both national and international for his overall business excellence and acumen.
To emerge as the most trusted and preferred financial service provider with a vast network of branches spread all over India offering a variety of products and services and committed to providing excellent customer services, augmenting stakeholder’s value and discharging Corporate Social Responsibility through concern, care, competence and corporate governance.
To extend financial assistance by providing loans and other financial services to customers, at reasonable cost, with commitment to value and trust, following regulatory guidelines and deploying the best technology, standards, processes and procedures to enhance customer’s convenience and stakeholder’s value to increase branch networks at reasonable pace.
Social responsibility has been well recognised by the corporate all over the world and our country is no exception. CSR at Chemmanur is intimately connected to its pursuit of building sustainable businesses that create market value as well as social value. By integrating social imperatives into corporate structure, the group shoulder the duties that our corporate citizenship entails.
Chemmanur group has well recognised this noble concept long before, and had already made a march in the direction. It gives utmost concern to its social obligations as a responsible corporate citizen. A good percentage of the profits of the group are spent for charitable purposes like providing poor homes where many poor, destitute, downtrodden and homeless masses are accommodated with food, shelter, medical and palliative care. The group provides financial assistance to various needy individuals, charitable institutions, and for other worthy causes.
The group discharges its social commitments without accepting a single penny from external agencies. In fact, the Mother Theresa award is a token of appreciation for the charitable activities of the group. The group aims to establish poor homes in all major centres where the group is having a jewellery outlet, and thereby aims to save the life of the miserable, down trodden and deserted masses who scroll in poverty, illness and other perils.
The group also promote education by awarding cash prizes/scholarships to talented students for pursuing their higher studies. It also pilot the construction of homes for the poor, Free Eye Care Treatment Camps, Social Marriage, Blood Donation Forums consisting 5000 members functioning round the clock, Free Ambulance Facility and more and more.