Tata Capital Expands Retail Lending with Strategic Entry into the Gold Loan Business
Tata Capital has announced its entry into the gold loan segment by approving the acquisition of a majority stake in Yogakshemam Loans (Yogloans), an RBI-registered NBFC specializing in gold loans.
Under the proposed all-cash transaction, Tata Capital will acquire around 88.6% of Yogloans' issued and paid-up share capital through a combination of purchasing shares from existing shareholders and a primary capital infusion of approximately ₹93 crore.
The deal is based on a pre-money equity valuation of up to ₹318 crore and remains subject to regulatory approvals and customary closing conditions. The acquisition provides Tata Capital with an established platform in the secured lending space, further strengthening its retail lending portfolio. As of March 31, 2026, Yogloans managed assets under management (AUM) of ₹708 crore, served nearly 32,000 gold loan customers, and operated through 162 branches across Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh.
Established in 1991 and headquartered in Thrissur, Kerala, Yogloans also offers vehicle loans, business loans, consumer durable loans, term loans, and microfinance loans. Following the acquisition, Managing Director Unnikrishnan Idicharm Veetil will continue to lead the company, while Tata Capital plans to consolidate the business at an appropriate stage after obtaining the necessary approvals.
As of March 31, 2026, Tata Capital operated through a network of 1,477 branches across 27 states and union territories. This acquisition reflects the company's strategy to diversify its secured lending portfolio and strengthen its presence in India's growing retail finance market.