• Jana SFB investment: The group acquired a stake in Jana Small Finance Bank at approximately one-time book value, seeking synergies across retail and MSME banking where Jana holds over ₹35,000 crore in advances and 850 branches.
• Lending AUM target: TVS Credit, which currently serves over 44 million customers, is targeting a combined AUM of ₹50,000 crore alongside the newly acquired Home Credit.
• Financial services expansion: The group is broadening its product portfolio into asset management by agreeing to acquire 100% of PGIM India Asset Management, alongside existing investments in Galaxy Health Insurance.
• Customer acquisition base: Approximately 45% of TVS Credit's book consists of new-to-credit borrowers, offering substantial room to cross-sell digital consumer loans, vehicle loans, home loans, and wealth products as customer affluence grows.