Tata Capital PAT rises 11% Q-o-Q, AUM hits Rs 2.44 L cr

Tata Capital’s Q2 net profit increased by 11% to Rs 1,097 crore, with net interest income rising by 5%. This is attributed to the acquisition of Tata Motors Finance. The company plans to stabilize business metrics and focus on multi-OEM model and strengthening underwriting and collection frameworks. Its asset quality remains strong and shares closed […]