New Delhi, Aug. 11 -- Less than 5% of Tata Capital Ltd's loan book comprises revolving credit, chief executive Rajiv Sabharwal said on Tuesday, limiting the direct impact of the Reserve Bank of India's (RBI) proposal to bar non-bank lenders from offering such facilities.

The company will submit its feedback on the proposal, Sabharwal said, adding that Tata Capital would comply with the final regulations.

"I think they (RBI) have given out a paper, I think they have asked for feedback, so we will give feedback, and we should talk once we know finally what the regulation is, and finally we will comply with whatever the regulation is," Sabharwal said on the sidelines of a banking conference organized by the Federation of Indian Chambers of...