TVS Holdings acquires 80.74% stake in Home Credit India Finance for ₹554 crore.

The Competition Commission of India has approved TVS Holdings' acquisition of an 80.74% stake in Home Credit India Finance for ₹554 crore, alongside stakes for STPL and Premji Invest. This move allows TVS Holdings to enhance its financial customer base in India. Home Credit India, part of the global Home Credit NV, focuses on providing loans to new credit customers and has been operating in India since 2012.

September 24, 2024
6 Articles