Tata Capital Limited (TCL) is the flagship financial services company of the Tata Group and a subsidiary of Tata Sons Private Limited. As of June 30, 2025, TCL is the third-largest diversified NBFC in India, with total Gross Loans of ~Rs. 22,19,504 mn and a customer base of 7.3 mn. Its business spans 25+ lending products catering to retail, SME, and corporate customers, with retail and SME loans accounting for 87.5% of the loan book. The company operates an omni-channel distribution model with 1,516 branches across 27 states/UTs, supported by ~30,000 DSAs, ~400 OEM partnerships, and 60+ digital partners. TCL reported...