Tata Capital has filed preliminary papers for a Rs 15,000 crore plus IPO with Sebi, aiming to list shares by September 2025. The IPO will include new shares and stake sales from Tata Sons. Tata Capital showed significant financial growth with a revenue jump of 34% in FY24.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs