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Reputation: 642,713  •  Nov 29, 2020 9:06 PM
IndoStar Capital to exit corporate lending business by March 2022
IndoStar Capital to exit corporate lending business by March 2022
"From a portfolio size of Rs 6,000 crore in 2018, the corporate book is down to Rs 2,500 crore as of date, which is a reduction of around 60 per cent (We have collected Rs 3,500 crore). By March 2022, the wholesale and corporate book will become zero," executive vice-chairman and chief executive R Sridhar said. The company will continue to focus on and expand its retail segment, he said.
The Economic Times

https://economictimes.indiatimes.com/industry/banking/fin...
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