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
Equity infusion part of a larger $200-300 million round the company plans to raise over the next few months as it eyes an IPO
Rating agency ICRA has assigned 'AAA' rating to proposed offering of retail bonds
NCDs are debt instruments that can't be converted into equity or stocks. If you are someone who wants to get a piece of this pie, you need to choose the right one for you
Foreign money is coming into the market and because of stability in rupee the hedging cost is also lower
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 has a diversified product portfolio with a presence in both the wholesale and retail finance segments
According to Tata Capital, it had a maximum exposure of Rs 165 crore to Caf Coffee Day (CCD) group in FY2017-18, and that the entire amount had been repaid by March 2019
Rating agency Icra has assigned AAA rating to proposed issuance of non-convertible debentures.
Tata Capital Housing Finance has appointed Anil Kaul as the Managing Director of the company. Kaul took over the charge from R Vaithianathan with effect from July 18, 2018, Tata Capital said in a statement today. Kaul holds an MBA degree in finance from the University of Lucknow. With over 20 years of experience in the financial sector, he has held senior management positions at ICICI Bank, ICICI Lombard, Citibank NA and Standard Chartered Plc. Growth of the real estate sector is driven by favourable demographics, urbanisation and rising income levels, Rajiv Sabharwal, CEO & Managing Director, Tata Capital said. "Today, housing finance is one of the major contributors to India's economy and we see immense potential for this category at Tata Capital. We are confident that Kaul's rich experience and expertise in this sector would help us strengthen our market position and expand our footprint in India," he said. On his appointment, Kaul said there is a huge demand to own a home or
Tata Sons was to get Rs 700 crore from Siva group for the buyback of Tata Teleservices shares from NTT Docomo
Thomas Cook India today said it will acquire Tata Capital's wholly owned subsidiaries, Tata Capital Forex and TC Travel and Services. It did not share the value of the proposed transaction. Thomas Cook India said its board has approved the signing of an agreement with Tata group firm Tata Capital, to acquire its wholly owned subsidiaries, Tata Capital Forex and TC Travel and Services. "Our acquisition of Tata Capital's forex and travel companies serves to further strengthen the Thomas Cook India Group's leadership position in the travel and foreign exchange sector in the country," Thomas Cook (India) Chairman & MD Madhavan Menon said. This also gives, "us the opportunity to continue to serve the strong corporate portfolio of both Tata Capital Forex Ltd and TC Travel Services Ltd - large corporate houses including flagship Tata Group companies, as also a set of new retail customers", he added. The acquisition creates opportunities resulting in stronger customer ...
The app enables the user to check his/her loan eligibility and apply for a loan seamlessly using only a mobile device
Women borrowers will get loans 0.5% lower rate at 8.70%
Tata Capital says the facility was settled in June 2014 and due disclosures were made in the audited financial statements of the company
It will issue unsecured, non-convertible, perpetual debentures on a private placement basis
The company could raise as much as Rs 2,000 crore from the fund