IndoStar Capital Finance acquires commercial vehicle finance business of India Infoline Finance

01 Apr 2019 Evaluate

IndoStar Capital Finance has executed closing agreement with India Infoline Finance (IIFL) for acquisition of Commercial Vehicle Finance Business of IIFL comprising Assets under Management of Rs 3,620 crore, employees, branches and infrastructure, at a net purchase consideration of Rs 2,419.36 crore.

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.

Indostar Capital Fin Share Price

255.90 -5.10 (-1.95%)
24-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 7439.25
Shriram Finance 527.35
Aditya Birla Capital 170.55
SBI Cards AndPayment 758.05
Mah & Mah Finl. Serv 267.90
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