Tata Capital

Tata Capital Healthcare Fund II currently planning for third fund

In 2023-24, TCHF II investments delivered 1.7 million direct health beneficiaries, 41 new jobs for every $1 million invested

NBFCs don't need bank status to succeed, say top leaders at BFSI Summit

Top executives of India's leading NBFCs at the Business Standard BFSI Insight Summit discussed whether they feel a need to step out from under the shadow of traditional banks

Tata Capital, Tata Motors Finance merger receives RBI's approval

Through this merger, Tata Capital aims to attract new customers in the rapidly growing commercial vehicle and passenger car financing segments

CCI clears proposed merger of Tata Motors Finance into Tata Capital

The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Tata Motors Finance Ltd into Tata Capital Ltd. Tata Capital Ltd (TCL) is a subsidiary of Tata Sons and is operating as a non-banking financial company Investment and Credit Company (NBFC-ICC). TCL is engaged primarily in the business of lending, leasing, factoring, financing and distributing financial products. "CCI approves the proposed merger of Tata Motors Finance Ltd with and into Tata Capital Ltd," the regulator said in a post on X. Tata Motors Finance Ltd (TMFL) operates as an NBFC-ICC and is engaged in the business of granting loans and facilities for financing the purchase of new vehicles manufactured by Tata Motors and its group companies. TMFL also refinances existing vehicle finance loans. It is a step-down wholly-owned subsidiary of Tata Motors Ltd. In June this year, Tata Motors, TCL and TMFL's board approved a merger of TMFL with TCL through an NCLT scheme of arrangement. As ...

Tata Capital Housing Finance to raise up to Rs 3,500 crore via NCDs

The loan book of the company as of the end of March was Rs 51,402 crore

Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement

In FY24, Tata Capital and Tata Motors Finance reported a net profit of Rs 3,150 crore and Rs 52 crore respectively

Tata Capital expects healthy retail loan growth in FY25: Senior executive

Slower growth expected in FY25 but it would still be 'significantly higher' than the industry, says company

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 plans to raise $750 mn in debut foreign funding next fiscal yr

"For overseas borrowings, we may also evaluate dollar bonds as there has been lot of interest by overseas investors in Indian corporates."

Tata Capital seeks shareholders' nod on related party deals with Tata Steel

RPTs with Tata Steel to rise to Rs 12,000 cr

Tata Capital's risk adjusted capital to improve to 10% in 2 years: S&P

Company to benefit from infusions by the Tata group and planned IPO, says rating agency

Tata Capital to raise Rs 20K crore via NCDs to boost core lending biz

Tata's Financial Services arm plans to launch NCDs as demand for retail loan rises

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

FinAGG Technologies bags $11 mn funding led by Blue Orchard, Tata Capital

FinAGG Technologies, engaged in MSME financing space, has raised USD 11 million (over Rs 91 crore) in a funding round co-led by global impact investment manager BlueOrchard and Tata Capital Ltd. The Series A funding round also saw participation from the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners, a release said on Thursday. Additionally, FinAGG secured capital from Gray Matter Capital through Non-Convertible Debentures (NCDs) to empower women entrepreneurs financially. The latest funds infusion will be directed towards expanding FinAGG's offline and online presence, enhancing global outreach, and driving product innovation, it added. "The money that we have raised will go into bringing disruptive changes in this industry. Our Product and Engineering department is currently working on bringing blockchain to an industry which worked on conventional pen and paper underwriting until recently. These new features will help us look at .

Fintech firm FinAGG Technologies raises $11 million in Series A funding

The company, which works in the MSME financing space, said the latest funding will be utilised towards expanding its offline and online presence, global outreach and investments in product innovation

Tata Capital eyes fashion brand Rare Rabbit at $300 mn valuation: Reports

Rare Rabbit was started in 2015 by an Indian family-run company Radhamani Textiles, and sells shirts, jeans, jackets and sneakers that are priced as low as $20 and all the way up to the high-end range

Tata Capital PE plans to invest over Rs 400 cr in healthcare, senior care

This investment would be made out of the second fund (TCHF II), which has a corpus of about $130 million

BS BFSI Summit: From Umesh Revankar to Rakesh Singh, here're NBFC experts

Umesh Revankar, Rajiv Sabharwal, Rakesh Singh: Meet the NBFC experts of BS BFSI Summit 2023

Tata Capital Healthcare Fund II invests $10 mn in Apex Kidney Care

To open over 60 standalone Dialysis centres in the country

Tata Capital onboards Indian cricketer Shubman Gill as brand ambassador

The Non-Banking Finance Company (NBFC) anticipates a period of consistent, market-leading growth across its segments