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Profile
  • Wholly owned by the Govt. of Tamilnadu State.
  • Registered with RBI as a Non Banking Finance Company
    (Registeration No: 07.00403)
  • Classified as a Investment and Credit Company by RBI.
  • Provides Financial Assistance to State Transport Undertakings (STUs) of Government of Tamilnadu
  • Managed by the Chairman cum Managing Director under the Board of Directors where senior IAS officers/ Professionals are Directors.
  • Total Deposits as on 31-Mar-2022 is Rs. 8,011.75 Crores
  • Company is consistently making profit since its inception (1975).
  • Attractive Deposit Schemes are as per RBI Guidelines
  • Company's authorised share capital is Rs. 2,500.00 crores.
  • Company paid up share capital is Rs. 2,050.81 crores of which the Govt. of Tamilnadu has contributed Rs. 2,032.10 crores and STUs Rs. 18.71 crores
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