Tata Capital to enter gold loan business with majority stake acquisition in Yogloans
Tata Capital on Monday (July 13) announced that its board has approved the proposed acquisition of a majority stake in Yogakshemam Loans (Yogloans), marking its entry into the gold loan business. Yogloans is a Reserve Bank of India (RBI)-registered non-banking financial company (NBFC) focused primarily on gold loans. Under the proposed all-cash transaction, Tata Capital…
