BANKING & FINANCE
TVS Holdings Pumps ₹484 Cr Into Home Credit, Raises Stake To 74.45%
TVS Holdings Ltd, formerly known as Sundaram-Clayton Ltd, has increased its stake in Home Credit India Finance Pvt Ltd (HCIFPL) to 74.45% following an additional investment of ₹483.91 crore through a rights issue. The company was allotted 12,55,26,842 equity shares of ₹10 each at an issue price of ₹38.55 a share. Investment supports growth plans […]
CW Bureau
·
Nov 2, 2026
AUTO
TVS Motor To Demerge Consumer Finance Into Separate Holding Co
TVS Motor Company will demerge its consumer finance and related businesses into a separate holding company, enabling shareholders to participate in the future growth of both the automotive and financial services businesses. The company’s board of directors has approved a composite scheme of arrangement under which existing shareholders will receive an equal number of shares […]
CW Bureau
·
Oct 28, 2026
BANKING & FINANCE
Gold, Personal And Home Loans Drive Retail Credit Growth In FY26: Experian
India’s retail credit market witnessed strong momentum in FY26, driven by rising demand for gold loans, personal loans and home loans, according to Experian’s latest Industry Insights – May 2026 report. The report highlights robust growth in loan originations, increasing preference for secured lending and improving repayment behaviour, indicating a healthier and more stable credit […]
CW Bureau
·
Jun 3, 2026
