IndoStar Capital Finance has executed definitive agreement for acquisition of the Commercial Vehicle Finance Business of India Infoline Finance on a going concern basis. This strategic acquisition, which is profit accretive, helps the company to significantly accelerate timelines in achieving its goal of becoming leading retail finance NBFC having a diversified and profitable asset book with strong growth prospects.
IndoStar Capital Finance is a non-banking finance company ‘NBFC’ registered with the Reserve Bank of India as a systemically important non-deposit taking company.
