InCred, KKR merge NBFCs in all-stock deal, combined entity InCred Fin will have $300m equity base

InCred, KKR merge NBFCs in all-stock deal, combined entity InCred Fin will have $300m equity base

InCred, KKR merge NBFCs in all-stock deal, combined entity InCred Fin will have $300m equity baseAug 17, 2021, 08:23 AM IST

On a pro forma basis, InCred Finance will have an equity base of $300 million (about ₹2,226 crore) and a balance sheet of $750 million (about ₹5,566 crore). With a strong liquidity profile, substantive capital base, and low leverage, InCred Finance is well positioned to embark on its next phase of growth, a joint statement said.

How to reduce and repay credit card debtAug 16, 2021, 07:30 PM IST

One needs an action plan to reduce and eliminate this debt. Paying off credit card debt requires a hands-on approach

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