Tata Capital, the financial services arm of Tata Group, is set to launch its ₹17,000-crore IPO from October 6-8, marking the country’s largest public offering since Hyundai last year. This significant issue, driven by RBI directives for NBFC transparency, will raise funds to strengthen Tier-I capital and support future lending growth. Tata Sons will remain the primary shareholder.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets