Prague acquisitionOn the lending side, TVS Group's promoter entity TVS Holdings had, in February 2025, acquired 80.74% equity stake in Home Credit India from Prague-based Home Credit Group, with the remaining 19.26% being picked up by Premji Invest and other associates. The company, which offers two-wheeler loans, loans against property and personal loans, now operates as a subsidiary of TVS Group’s non-bank financial entity TVS Credit India. TVS Credit, in turn, is largely in the business of commercial and passenger vehicle, gold loans and small business loans.“If you connect all the events that are happening, it is possible that they…