Tata SME Rural

completed

Tata Tata Capital Financial Services Limited (“Company” or “TCFSL”) is a wholly owned subsidiary of Tata Capital Limited (“TCL”) and is a Systemically Important Non Deposit Accepting Non Banking Financial Company (“NBFC”), holding a Certificate of Registration from the Reserve Bank of India (“RBI”), dated November 4, 2011. The Company has critical scale and is amongst the top 10 private sector NBFCs offering fund and fee-based financial services to its customers, under the Tata Capital brand. A trusted and customer- centric, one-stop financial services provider, TCFSL caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards. IFC proposes to provide local currency funding to TCFSL by subscribing to non-convertible debentures (NCD) to be issued by the Company. The proceeds of the IFC financing will be channelized to farmers in rural areas for financing tractors and other agricultural equipment. The aforementioned segments have limited access to finance from the organized sector (the “Project”).