Gold loans stood at around ₹18.6 trillion, or nearly 11 per cent of retail credit, after growing at a 34 per cent CAGR between FY21 and FY26.
Japan's Resona Bank on Monday announced a tie-up with Tata Capital to provide its clients better access to financing solutions and opportunities in India using the non-bank lender's local network. The announcement follows a USD 20 million investment by Resona Bank as a limited partner in Tata Capital Growth Fund III LP, which invests in Tata Capital Growth Fund III, a fund managed by Tata Capital, as per an official statement. However, the Japanese lender did not reveal the timeline of this investment. Under a memorandum of understanding (MoU) announced on Monday, both Tata Capital and Resona Bank will leverage their respective strengths in the Indian market, it said, adding that this is a non-exclusive collaboration under which opportunities will be explored through Tata Capital's network. The Japanese partner will leverage the Indian partner's local presence and expertise in financial services to provide support for its customers evaluating opportunities in India, the statement ..
Stocks to buy today: Vinay Rajani, CMT, senior technical analyst at HDFC Securities, recommends buying GRSE and Tata Capital.
Technical picks: Vinay Rajani of HDFC Securities has recommended two stocks to buy today -- Tata Capital and Orient Electric.
Lender to submit feedback on RBI proposal to bar NBFCs from offering revolving credit products
Ather Energy, Craftsman Automation, Samvardhana Motherson International and TVS Motor Company from the automobiles and auto parts sector also hit new highs in trade on Thursday.
Jatin Gedia of Teji Mandi recommends Tata Capital, PVR Inox, and SAIL as top stock picks, citing bullish breakouts, strong volume support, and positive technical indicators.
Tata Capital share price target: Post quarterly results, Motilal Oswal Financial Services has shared a constructive view on Tata Capital and reiterated its 'Neutral' stance with a target price of ₹390
Stocks to watch today: L&T, Asian Paints, Tata Capital, TMPV, ONGC, Netweb Technologies, Adani Enterprises, Adani Ports, Radico Khaitan, Pine Labs, among others, will be in focus today.
The net interest income (NII) of the NBFC rose 25 per cent year-on-year to Rs 3,571 crore, while total income grew 23 per cent year-on-year to Rs 4,455 crore
Tata Capital has raised $400 million through a 3.5-year overseas bond, with robust investor demand helping tighten pricing by 33 basis points from initial guidance
Tata Capital enters gold loan business with ₹318 crore Yogloans acquisition
Tata Capital will acquire an 88.6 per cent stake in Kerala-based Yogloans, marking its entry into the gold loan business and expanding its retail lending portfolio
Tata Capital, Bajaj Housing Finance and Jio Credit led bond issuances on Monday, while SIDBI announced plans to raise up to Rs 8,000 crore through bonds this week
Retail investors, said G Chokkalingam, founder and head of research at Equinomics Research, must look at company's valuation relative to listed peers, outlook for the sector before investing.
Company plans to raise funds through multiple debt instruments, including secured and unsecured NCDs, perpetual debt and green bonds, subject to shareholder approval
The developer is seeking the five-year loan to fund an office project near Mumbai's Bandra business district
Om Mehra of SAMCO Securities believes that Tata Capital stock is approaching a critical confluence zone around ₹300-mark; but adds that a move above its 20-DMA is key for a likely revival.
The stock price Kaynes Technology was quoting lower for the fifth straight day, plunging 27 per cent during the period.
Tata Capital's Q4 profit jumps 80.6% on higher income and lower credit costs, with strong AUM growth and improved asset quality boosting overall performance