Tata Capital aims to double loan book in next three years

Tata Capital is aiming to double its loan book in the next three years and is confident of cutting credit costs to under 1 per cent going forward. The company's loan book stands at Rs 2.3 lakh crore at present, and it took just one year to add Rs 50,000 crore to the assets under management (AUM), compared to the ten years it took to reach Rs 50,000 crore initially.

Tata Capital (TCL), a subsidiary of Tata Sons, is operating as an NBFC in India. The firm offers consumer loans, wealth management, commercial finance, and infrastructure finance, among others.

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