Tata Capital

Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

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Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage its balance sheet, said people in the know. The process will involve a share-swap agreement. Group holding company Tata Sons will offer shares of Tata … Read more

Tata Capital loan: Tata Capital raises $200 million via overseas term loans

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Tata Capital loan: Tata Capital raises 0 million via overseas term loans

Mumbai: Tata Capital, the flagship financial services company of the ₹31-lakh crore Tata Group, has raised $200 million through a three-year loan from Singapore’s DBS Bank and Taiwan’s CTBC Bank. The company has the flexibility to price the loan 120 basis points above the one-month, three-month or six-month Secured Overnight Financing Rate (SOFR), in line … Read more