Non-banking financial company Home Credit India recently said that it has laid off about 1,800 employees due to the current coronavirus pandemic. The company through an official statement said, “The unprecedented coronavirus pandemic has affected every aspect of our life. It has impacted each one of us, our families, our customers, partners and businesses. These…
IndoStar Capital Finance, a Mumbai-based non-banking finance company registered with the Reserve Bank of India as a systemically important non-deposit taking company, announced that it has raised Rs 1,225 crore equity capital from Brookfield, according to an ET report. The investment by Brookfield in the retail-focussed NBFC is a combination of primary investment in equity…