Tata Capital's Ambitious Growth Trajectory: Aiming for Prosperity Amid Economic Challenges

Tata Capital, a prominent non-bank lender, has set a bold objective to double its loan book over the next three years while maintaining credit costs below 1 percent, as announced by CEO and Managing Director Rajiv Sabharwal on Monday.

The company has recently raised capital through an initial public offer, ensuring operational sustainability for over two and a half years. The stock debuted at over 1 percent above its issue price, reflecting market confidence.

Leveraging its Rs 2.3 lakh crore loan book, Tata Capital aims to capitalize on India's economic expansion, emphasizing growth within the SME sector and ensuring asset quality while navigating global uncertainties and digital innovation.