Description
Tata Motors Finance Limited (TMFL) and Tata Motors Finance Solutions Limited (TMFSL) are Non-Banking Financial Companies (NBFCs) and subsidiaries of Tata Motors Finance Holdings Limited (TMFHL), which is a core investment company (CIC). The dealer/vendor financing business and the refinance or repurchase of used vehicles come within the purview of TMFSL. On the other hand, financing of new vehicles is undertaken by TMFL. Tata Motors Ltd (TML) is a leading global automobile manufacturer with an expansive portfolio of cars, sports vehicles, buses, trucks, and defense vehicles. Tata Motors Ltd is the 100% owner of TMF Holdings Limited (TMFHL).
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