Brookfield and Everstone-backed IndoStar sells bad loans under a senior-junior structure under a Swiss auction. The senior class comprises ...

The recovery rate is considered good given that these loans were overdue by around 60 days. "The recovery was good as the loan accounts wer...

"The companies are engaged in preliminary discussions to explore potential strategic options including potential combination and listing of...

Total revenue from operations was up by 4 per cent to Rs 163.8 crore in the October-December quarter of FY22 against Rs 156.8 crore in Q3FY...

Shares of the company closed 0.35 per cent up at Rs 54.90 apiece on BSE.

Jaggi joins from HDB (a wholly-owned subsidiary of HDFC Bank), where he was head of asset finance for the past 10 years and was responsible...

The decision was taken at the company's board of directors meet on August 12 to declare and approve quarterly results for quarter ended Jun...

IndoStar has assets under management of around Rs 10,200 crore and has nearly 70,000 customers.

Brookfield will invest the money through a combination of subscription to securities and purchase of shares from IndoStar Capital Mauritius...

Deal likely at about 10% premium to the current market price of the finance company

IIFL Holdings shares were down 9 per cent at Rs 378.60 on BSE.

Since 2015, IndoStar has been building its retail lending business which accelerated last year with the set-up of CV finance and Affordable...

IndoStar now plans to own until maturity about 5 to 10% of the loans it generates, selling large portions of the portfolio instead to banks.

IndoStar Capital Mauritius owns 90.74 per cent of the Indian company.

Sridhar, who has worked with the Sriram Group since 1985, will be taking over from Vimal Bhandari who led the firm since 2011.

He will oversee IndoStar’s growth across its lending businesses including SME lending and a wholly-owned home finance subsidiary, IndoStar ...

IndoStar Capital Finance, the first Indian NBFC promoted by global investors, has grown its loan book to Rs 4,270 crore in five years.