IndoStar Cap turns profitable after 3 years amid scrutiny | Mint - Mint

8/14/2022 12:00:00 AM2 years 8 months ago
by Gopika Gopakumar
by Gopika Gopakumar
Last week, Care Ratings downgraded the NBFC’s ratings for long-term instruments from AA- to A+
MUMBAI : After seeing losses for the past three years, IndoStar Capital Finance Ltd returned to profit in the June quarter, thanks to lower credit cost provisions in the commercial vehicle segment. T… [+2100 chars]
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