Tata Capital, the third largest diversified NBFC in the country with a loan book of over Rs 2.3 lakh crore, sees significant value in its non-lending businesses of private equity and wealth management and has no plans of exiting these businesses, Managing Director and CEO Rajiv Sabharwal said in an interaction with Moneycontrol.
“We clearly believe that non-lending businesses are accretive to Tata Capital. And we would want to remain in these businesses and grow these businesses,” Sabharwal said, underscoring how the company is looking beyond traditional lending.
On the private equity front, Tata Capital has been managing multiple sector-focused funds.
“We are currently investing through two funds, the growth fund and the healthcare fund,” Sabharwal said.
He added that both the growth