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

Taking benefit of space vacated by many lenders in wholesale lending, Tata Capital, with three NBFCs under its wings, is looking to step up the corporate finance business by lending more to better-rated companies.

It is also looking at prospects for Alternate Investment Funds (AIF) to finance corporates as it consumes less capital and provides flexibility to structure deals.

After the Pandemic, the Tata Capital group has a realigned strategy with an emphasis on safer business and protecting asset quality. The company will do more business with corporates with rating AA and above and salaried customers, Tata Capital managing director and chief