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{{Notability|Companies|date=June 2019}}
{{Infobox company
| name = Tata Capital Limited
| type = [[Public company|Public]]
| logo = Tata Capital Logo-01.jpg
| caption =
| foundation = {{start date and age|df=y|2007||}}
| founder = Ratan Tata
| location_city = [[Mumbai]], [[Maharashtra]]
| location_country = [[India]]
| area_served =
| key_people = Rajiv Sabharwal, (MD & CEO)<ref>{{Cite web|url=https://www.business-standard.com/article/companies/rajiv-sabharwal-to-be-tata-capital-ceo-117092500034_1.html|title=Rajiv Sabharwal to be Tata Capital CEO|first=Joydeep|last=Ghosh|date=25 September 2017|via=Business Standard}}</ref> Sarosh Amaria, (MD)
| num_employees =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| industry = [[Financial services]]
| subsid =
| parent = [[Tata Group]]
| products = {{hlist|[[Mortgage loan]]s| [[loan]]s| [[credit card]]s| [[life insurance]]| [[wealth management]]| [[investment banking]]| [[private equity]]}}
| homepage = [https://www.tatacapital.com/ https://www.tatacapital.com/]
}}

'''Tata Capital Limited''' is a financial and investment service provider in India. The company is based in Mumbai and has more than 100 branches across the country.<ref>{{cite news|title=Tata Capital Ltd – Bloomberg|url=https://www.bloomberg.com/profiles/companies/7173121Z:IN-tata-capital-ltd|accessdate=15 December 2017|date=15 December 2017}}</ref> The firm offers consumer loans, [[wealth management]], [[commercial finance]], and infrastructure finance, among others.<ref>{{cite news|title=Thomas Cook buys Tata Capital subsidiaries|url=https://www.telegraphindia.com/1170926/jsp/business/story_175039.jsp|accessdate=15 December 2017|date=25 September 2017}}</ref>

==Overview==
Tata Capital, a subsidiary of [[Tata Sons]] Limited, was established in the year 2007. It is the [[financial services]] arm of the USD 108 billion [[Tata Group]].<ref>{{cite news|title=Tata Capital ties up with Biz2Credit to reach out to small businesses in India|url=https://economictimes.indiatimes.com/industry/banking/finance/tata-capital-ties-up-with-biz2credit-to-reach-out-to-small-businesses-in-india/articleshow/51793747.cms|accessdate=15 December 2017|date=22 April 2017}}</ref> It is a holding company of Tata Capital Financial Services Limited (TCFSL), Tata Securities Limited, and Tata Capital Housing Finance Limited.

The company is registered with the [[Reserve Bank of India]] (RBI) as a Systematically Important Deposit Accepting Non-Banking Financial Company. Tata Capital offers services like commercial finance, [[investment banking]], consumer loans, [[private equity]], treasury advisory, and credit cards. It serves corporate, retail, and institutional customers through its wholly owned subsidiary, TCFSL.

==Business developments and initiatives==
===Acquisition by Thomas Cook===
In October 2017, [[Thomas Cook India]] Group acquired the forex and travel units of Tata Capital. These were its wholly owned subsidiaries, Tata Capital Travel and Services Limited and Tata Capital Forex Limited.<ref>{{Cite web|url=https://www.moneylife.in/article/tata-capital-to-divest-forex-travel-services-to-thomas-cook/51721.html|title=Tata Capital to divest forex, travel services to Thomas Cook|website=Moneylife NEWS & VIEWS}}</ref>

===Agreement with Capital Float===
In October 2017, Tata Capital entered into an agreement with Capital Float to offer Working Capital Loans to [[small and medium-sized enterprises]] (SMEs) in the country through co-lending on the latter’s digital lending platform. Their “Pay Later” product enables borrowers to enjoy a credit limit of up to INR 50 lakh for one year.<ref>{{Cite web|url=https://www.business-standard.com/article/pti-stories/tata-capital-ties-up-with-capital-float-for-co-lending-to-smes-117100501144_1.html|title=Tata Capital ties up with Capital Float for co-lending to SMEs|agency=Press Trust of India|date=5 October 2017|via=Business Standard}}</ref>

===Salaam Loans===
Under its brand initiative, Do Right, Tata Capital launched Salaam Loans in May 2017.<ref>{{cite news|title=Tata Capital launches 'Salaam Loans'|url=https://timesofindia.indiatimes.com/business/india-business/tata-capital-launches-salaam-loans/articleshow/58575805.cms|accessdate=15 December 2017|date=8 May 2017}}</ref> The initiative is aimed at lending to individuals who do not have access to organized credit. Under Salaam Loans, the company eliminated the requirement of filling numerous forms and checking applicant's CIBIL score for small tickets loans.<ref>{{Cite web|url=http://bestmediainfo.com/2017/08/tata-capital-s-salam-loans-gives-power-to-the-common-man/|title=Tata Capital’s ‘Salaam Loans’ gives power to the common man|website=www.bestmediaifo.com|access-date=2018-07-07}}</ref> It enables individuals to showcase stories on digital and social media. The stories with maximum ‘salaams’ or likes are entitled to secure a loan from Tata Capital.<ref>{{cite news|title=Tata Capital brings 'Salaam Loans' initiative to deserving individuals in Mumbai's Dharavi, Golibar Area|url=http://www.business-standard.com/article/news-ani/tata-capital-brings-salaam-loans-initiative-to-deserving-individuals-in-mumbai-s-dharavi-golibar-area-117061200852_1.html|accessdate=15 December 2017|date=12 June 2017}}</ref> The company then offers personal loans up to INR one lakh at discounted rates to deserving individuals.

===Partnership with Biz2Credit===
In April 2016, Tata Capital joined hands with [[Biz2credit]] to facilitate finance to small and medium enterprises (SMEs). Biz2Credit is an online credit resource offering finance to small businesses.<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/banking/finance/tata-capital-ties-up-with-biz2credit-to-reach-out-to-small-businesses-in-india/articleshow/51793747.cms|title=Tata Capital ties-up with Biz2Credit to reach out to small businesses in India|last=Sengupta|first=Devina|date=2016-04-12|work=The Economic Times|access-date=2018-07-07}}</ref><ref>{{Cite news|url=https://www.financialexpress.com/industry/tata-capital-ties-up-with-biz2credit-to-finance-smes/235518/|title=Tata Capital ties up with Biz2Credit to finance SMEs|date=2016-04-12|work=The Financial Express|access-date=2018-07-07|language=en-US}}</ref>

===Do Right===
Launched in 2013, the Do Right initiative aims to spread the spirit of 'doing right'. The company leads a number of other initiatives under the Do Right campaign.<ref>{{Cite web|url=https://www.campaignindia.in/video/tata-capital-evangelises-do-right-position-with-a-musical-message/418976|title=Tata Capital evangelises ‘do right’ position with a musical message|website=Campaign India|access-date=2018-07-07}}</ref>

==Awards and recognitions==
* In 2017, the Salaam Loan initiative won Gold in the category of ‘Digital – Social Purpose’ and Bronze in the category of ‘Public Relations – Financial Services’ at the Spikes Asia Awards
* In 2016, Tata Capital became the first Indian company to receive the Global EthicMark Award for Best Advertising Campaign in the ‘For Profit’ category for its Do Right initiative<ref>{{cite news|title=Tata Capital's 'Do Right' Initiative Wins the Global EthicMark® Award|url=http://www.prnewswire.co.in/news-releases/tata-capitals-do-right-initiative-wins-the-global-ethicmark-award-601404315.html|accessdate=15 December 2017|date=16 November 2016}}</ref>
* In 2015, the company won Gallup Great Workplace Award
* In 2014, Tata Capital’s online campaign, ‘Half Stories—The Journey of Doing Right’ received the Award of Excellence (Gold) in the category of Integrated Campaign – [[Social Responsibility]] at the 20th Annual Communicator Awards and ‘Grand Prix’ at the ABBY Awards<ref>{{cite news|title=Tata Capital's campaign 'Half Stories' wins Grand Prix|url=http://www.businesstoday.in/current/corporate/tata-capital-campaign-half-stories-wins-grand-prix/story/207306.html|accessdate=15 December 2017|date=16 June 2014}}</ref>
* In 2013, Tata Capital was credited for its Human Resource (HR) Excellence at the CII National HR Excellence Award Confluence<ref>{{cite news|title=Tata Capital Receives Special Recognition for ‘HR Excellence’ at the CII HR Excellence Awards 2013|url=https://www.indiainfoline.com/article/news-business-wire-economy/tata-capital-receives-special-recognition-for-%E2%80%98hr-excellence%E2%80%99-at-the-cii-hr-excellence-awards-2013-114012901540_1.html|accessdate=15 December 2017|date=15 December 2017}}</ref>

==References==
{{Reflist}}

==External links==
* [https://www.tatacapital.com Official Website]
{{Use dmy dates|date=January 2021}}

[[Category:Tata Group]]
[[Category:Tata Group subsidiaries]]
[[Category:Financial services companies based in Mumbai]]
[[Category:Indian companies established in 2007]]
[[Category:2007 establishments in Maharashtra]]
[[Category:Financial services companies established in 2007]]

Tata Capital - Revision history

imported>Wbm1058 at 22:39, 18 July 2021