Business Standard

Tata Capital Financial Services

Tata's financial services, insurance biz saw hefty profits in FY24

Realty, airline, and new-age businesses still struggling to make money

Tata's financial services, insurance biz saw hefty profits in FY24
Updated On : 08 Sep 2024 | 11:29 PM IST

Tata Capital, 14 other NBFCs surrender their registration certificates: RBI

The Reserve Bank of India (RBI) on Friday said 15 NBFCs, including Tata Capital Financial Services and Revolving Investments, have surrendered their certificates of registration due to various reasons. Nine Non-Banking Financial Companies (NBFC) have ceased to be legal entities due to amalgamation, merger, dissolution, or voluntary strike-off. These are Tata Capital Financial Services, Tata Cleantech Capital, Naperol Investments, USG Financial Services, Urja Capital, Vandana Dealers, ABRN Finance, Jodhani Management, and JDS Securities. The RBI further said six NBFCs surrendered their certificate of registration after exiting from Non-Banking Financial Institution (NBFI) business. These were Vian Growth Capital, Drap Leasing and Finance, Jewel Strips, Revolving Investments, Anshu Leasing, and A V B Finance. The certificates of registration were granted to them by the RBI.

Tata Capital, 14 other NBFCs surrender their registration certificates: RBI
Updated On : 10 May 2024 | 11:14 PM IST

Tata Capital Housing Finance to raise Rs 8k cr; board to discuss on Feb 5

As per banking source, of the Rs 8,000 crore, the company will raise debentures qualifying as subordinated debt, or Tier II capital, of up to Rs. 500 crore

Tata Capital Housing Finance to raise Rs 8k cr; board to discuss on Feb 5
Updated On : 31 Jan 2024 | 11:12 PM IST

Jai Balaji raises Rs 559 cr from Tata Capital FinServ to refinance debt

Jai Balaji was on the RBI's second list of non-performing assets (NPAs) in 2017-18 mandated for resolution under the Insolvency and Bankruptcy Code

Jai Balaji raises Rs 559 cr from Tata Capital FinServ to refinance debt
Updated On : 18 Dec 2023 | 10:37 PM IST

Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance

"There is a harmonisation of policies and regulations for upper-scale NBFCs and banks in terms of capital requirements and asset categorisation," Rakesh Singh of Aditya Birla Finance said

Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance
Updated On : 30 Oct 2023 | 4:46 PM IST

RBI releases list of NBFCs in upper layer under scale-based regulations

In terms of the framework, once an NBFC is classified as NBFC-UL, it shall be subject to enhanced regulatory requirement, at least for a period of five years

RBI releases list of NBFCs in upper layer under scale-based regulations
Updated On : 14 Sep 2023 | 5:33 PM IST

Tata Capital Fin Services to raise upto Rs 7,000 crore through NCDs

Debt market sources said the funds are likely to be raised through non-convertible bonds (NCDs) in one or more tranches

Tata Capital Fin Services to raise upto Rs 7,000 crore through NCDs
Updated On : 28 May 2023 | 8:14 PM IST

Tata Capital launches payment facility, UPI 123PAY for feature phone users

UPI 123PAY will be useful, especially for payments of low-value and microfinance customers

Tata Capital launches payment facility, UPI 123PAY for feature phone users
Updated On : 11 May 2023 | 9:56 PM IST

Tata Capital to LIC Housing finance: Companies to raise funds from markets

Punjab & Sind Bank will raise funds through the sale of certificates of deposit maturing in three months

Tata Capital to LIC Housing finance: Companies to raise funds from markets
Updated On : 26 Apr 2023 | 1:07 PM IST

Aditya Birla Housing Finance, Tata Capital, Federal Bank to raise capital

Reliance Jio, ICICI Securities, and Godrej Industries to issue 3-month CP

Aditya Birla Housing Finance, Tata Capital, Federal Bank to raise capital
Updated On : 24 Apr 2023 | 7:45 PM IST

Tata Capital Financial Services, Tata Cleantech to merge with Tata Capital

The boards of TCFSL and TCCL have also accorded their approval

Tata Capital Financial Services, Tata Cleantech to merge with Tata Capital
Updated On : 29 Mar 2023 | 12:10 AM IST

Tatas to raise Rs 4,000 cr from NHB, bonds market in mega home loan push

Loans to be offered to both retail and developers; funds being raised amid 13% expansion in loan portfolio over six months to September

Tatas to raise Rs 4,000 cr from NHB, bonds market in mega home loan push
Updated On : 02 Nov 2022 | 3:51 PM IST

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr

Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr
Updated On : 29 Jun 2022 | 11:48 PM IST

Tata Capital Financial Services plans to raise up to Rs 11,500 crore

Tata Capital Financial Services made a profit of Rs 678 crore in FY21, as compared to Rs 114 crore in FY20

Tata Capital Financial Services plans to raise up to Rs 11,500 crore
Updated On : 03 Sep 2021 | 12:26 AM IST

Tata Capital to step up corporate finance lending to better rated borrowers

Tata Capital's book size increased from Rs 77,110 crore as at March 31, 2019 to Rs 77,610 crore as at March 31, 2020, on a consolidated basis

Tata Capital to step up corporate finance lending to better rated borrowers
Updated On : 18 Sep 2020 | 11:31 AM IST

Tata Capital Housing Finance plans to raise up to Rs 2,000 crore via NCDs

This is a maiden retail bond issue from the company. The base size of the issue is of Rs 500 crore with an option to retain an oversubscription up to Rs 1,500 crore

Tata Capital Housing Finance plans to raise up to Rs 2,000 crore via NCDs
Updated On : 06 Jan 2020 | 6:52 PM IST

Bain, TPG in talks to buy minority stake in Tata Capital Financial Services

The Tatas are in discussions with a clutch of PE funds to gauge their interest and may offer anything between 10 and 15 per cent in Tata Capital Financial Services

Bain, TPG in talks to buy minority stake in Tata Capital Financial Services
Updated On : 18 Sep 2019 | 2:23 AM IST

Tata group eyes private equity investor in financial services business

TCFSL's net interest margins (NIMs) declined to 4.62% in FY19

Tata group eyes private equity investor in financial services business
Updated On : 14 Sep 2019 | 1:07 AM IST

Tatas to infuse more funds into financial services firms TCFSL and TMFL

Total assets of financial services subsidiary cross Rs 110,000 crore

Tatas to infuse more funds into financial services firms TCFSL and TMFL
Updated On : 21 Aug 2019 | 9:04 PM IST

Tata Capital Financial to raise $1.5 billion overseas to settle old loans

Fundraising to be one of the largest by an NBFC outside India in past 3 yrs

Tata Capital Financial to raise $1.5 billion overseas to settle old loans
Updated On : 15 Jun 2019 | 1:21 AM IST