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IndoStar Capital considers selling stake in housing finance unit
Private equity-backed company losses have raised concerns about its stability
IndoStar Capital Finance Capital profit at Rs 39 crore in Sept quarter
The company on Wednesday reported 25 per cent rise in net profit
Indostar Capital reports net loss of nearly Rs 37 crore in June quarter
Pre-provisioning operating profit was of Rs 33.10 crore during the quarter, down from Rs 75.10 crore in year ago period
IndoStar Capital Finance reports 36% decline in Q2 net profit at Rs 32 cr
IndoStar Capital Finance on Thursday reported a 36 per cent decline in net profit at Rs 32 crore for the quarter ended September.
Brookfield's equity infusion crucial for Indostar Capital in Q1 FY21: CARE
Besides challenges faced by wholesale NBFC in particular, the credit costs (amount to be provided for stressed assets), are likely increase post outbreak of COVID 19
IndoStar Capital to launch housing finance arm soon
Proposed home finance arm will focus on small-ticket lending to self-employed people, which is a large untapped market