Tata Capital Financial Services Ltd. NCD
CRISIL has rated these NCDs as AAA/Stable and CARE rated them as AAA; Stable, which indicate that instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.
About the company:
Incorporated in 2010, Tata Capital Financial Services Limited (TCFSL) is a Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC). The company provides a range of financial products to corporates and consumers.
Corporate Finance- Term loans, working capital term loans, channel finance, bill discounting, construction equipment finance, leasing solutions, lease rental discounting, promoter finance and structured products.
Consumer finance- Car and two-wheeler loans, commercial vehicle loans, tractor loans, business loans, loans against property, personal loans, consumer durable loans and loans against securities.
The company is a wholly owned subsidiary of TCL, the financial services arm of the Tata group. It operates an extensive network of 134 offices spanning across 23 states.
Public issue of secured redeemable, Non-Convertible Debentures.
- Diversified and balanced mix of businesses
- Extensive network of our 134 offices
- ‘Tata’ as a recognized brand
- Robust internal processes
Promoters of the Company:
The promoter is Tata Capital Limited.
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