Tata Capital Launches ‘Salaam Loans’

Tata Capital has announced the launch of ‘Salaam Loans’, which is its unique product under the company’s ‘Do Right’ brand initiative. Salaam Loans seeks to extend loans to deserving individuals who may not have access to organised credit. Under ‘Salaam Loans’, individuals would be able to upload their own story, or stories of people known to them on the website […]

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Tata Capital launches mobile app to offer Personal Loans

Financial services company Tata Capital today launched a mobile app to extend its personal loans offering to young and mobile savvy audience. The app – 'myLoan' is a social profile based personal loan mobile application. It will make a real-time assessment of the borrower's loan application through an algorithm, using a mix of digital, social and financial data. Digital data […]

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Tata Capital to tap young Pros to Grow Personal Loan Book

Tata Capital, the non-banking finance company of the $104-billion Tata Group, is betting on the demand for cars, vacations, or iPhones from India's young professionals to build its portfolio of personal loans, underscoring a minimum-risk expansion strategy for this segment.  Advances will be limited to about Rs 15 lakh, and the ideal borrowers would be people in the age bracket […]

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