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Non-bank lender Tata Capital aims to double its loan book in the next three years and is confident of cutting credit costs to under 1 per cent going forward, a top official said on Monday. The fresh capital raised in the initial public offer will suffice for over two and a half years, its chief executive and managing director, Rajiv Sabharwal, told reporters after the market debut. Shares of non-banking financial company Tata Capital Ltd on Monday listed over 1 per cent higher against the issue price of Rs 326. The stock was later trading at Rs 330.90, up 1.50 per cent from the issue price on both the BSE and NSE. Speaking to reporters, Sabharwal said, "If our growth rate of our country sustains as we hope it does, then our book can double in the next three years." The company's loan book stands at Rs 2.3 lakh crore at present, and it took just one year to add Rs 50,000 crore to the assets under management (AUM), compared to the ten years it took to reach Rs 50,000 crore ...