Tata Capital Housing ventures into housing finance business

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The Tata Group is re-entering the home finance business after a gap of six years with Tata Capital Housing Finance, a wholly owned subsidiary of Tata Capital, getting the certificate of registration from the National Housing Bank to begin business as a housing finance company.

The new company is planning to offer both fixed and floating interest rates on loans that would be competitive and also according to the benchmarks of the other players in the industry.

The company is eyeing the Tier II and Tier III cities with retail and commercial loans and plans to open 35 branches initially.

Tata Finance had sold its entire stake in Tata Homefinance to IDBI in 2003.

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1 thought on “Tata Capital Housing ventures into housing finance business”

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    WITH REGARDS
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