HomeAI · summaries
Storia in 3 fonti
Tata Capital joins the race to own a piece of India's dormant wealth
Tata Capital's acquisition of an 88.6% stake in Kerala-based Yogloans signals growing confidence in India's fast-expanding gold loan market as lenders shift away from unsecured retail credit. The deal gives Tata Capital an established gold loan business with a ₹708 crore loan book, 162 branches and 32,000 customers, allowing it to tap a segment driven by rising gold prices, tighter regulations on unsecured lending and changing consumer attitudes towards using family gold as collateral.
Confronto fonti
3 prospettive sulla stessa storiaTimeline cronologica
- ·
economictimes.indiatimes.com
Tata Capital forays into gold loans with Yogloans acquisition
Tata Capital is entering India's gold loan market by acquiring a majority stake in Yogloans. This strategic move expands their retail lending portfolio with a secured lending…
- ·
thehindubusinessline.com
Tata Capital to acquire 88.6% stake in Kerala-based Yogakshemam Loans
TCL will subscribe to equity shares of the unlisted, base-layer NBFC for an aggregate consideration of approximately ₹93 crore. As at March-end 2026, the target company had assets…
- ·
Tata Capital to buy 88.6% in Yogloans, enters gold loan business
Tata Capitals Yogloans buyout gives it an instant gold-loan platform, adding a high-yield secured product to its retail lending portfolio. This all-cash transaction values…
- ·
newsbytesapp.com
You can soon get a gold loan from Tata Capital
Tata Capital has announced its entry into the gold loan business by acquiring a majority stake in Yogloans, an RBI-registered NBFC specializing in gold loans.
- ·
Tata Capital joins the race to own a piece of India's dormant wealth
Tata Capital's acquisition of an 88.6% stake in Kerala-based Yogloans signals growing confidence in India's fast-expanding gold loan market as lenders shift away from unsecured…