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Loan portfolio lapses cloud growth plans of IndoStar Capital Finance

The financiers of Indo-Star Capital Finance include State Bank of India, HDFC Bank, and ICICI Bank, according to the Annual Report for FY21

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NBFCs | Brookfield | ernst & young

Abhijit Lele  |  Mumbai 



Sridhar quits as vice-chairman IndoStar Capital; Deep Jaggi new CEO
Executives of lenders to the NBFC said this episode was likely to make a big dent on its profits.

Plans for growth, including branch expansion, of Indo-Star Capital have come under a cloud after irregularities in its commercial vehicle loan portfolio came to light.

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First Published: Mon, May 09 2022. 06:02 IST

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