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Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

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Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage its balance sheet, said people in the know. The process will involve a share-swap agreement. Group holding company Tata Sons will offer shares of Tata … Read more

Empowering the Unbanked: The Role of Non-Banking Lenders In Digital Inclusion

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In the rapidly evolving landscape of financial services, digital inclusion has emerged as a crucial driver of economic growth and social development. While urban centres in India have experienced significant strides in digitalisation, tier-3 and 4 cities present a unique challenge due to limited access to traditional banking infrastructure. Non-banking lenders or non-banking financial companies … Read more