Tata Capital’s lending arm to raise up to ₹7,500 crore via NCDs
The bond issue by the Tata Capital Financial Services involves raising 2,000 crore through the issue of 3, 5 and 10-year paper, while the Tata group-company can retain oversubscriptions of 5,500 crore more
Mumbai: Tata Capital’s flagship lending arm, Tata Capital Financial Services, Tuesday said it will raise up to ₹ 7,500 crore in its maiden non-convertible debenture (NCD) sale.
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