IndoStar Sells Commercial Vehicle Loan Portfolio for ₹108.55 Cr
IndoStar Capital Finance Limited has approved a transaction for the sale of a portion of its Commercial Vehicle Loan book to Phoenix ARC Private Limited. This move is part of the company's strategy to...
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Why is IndoStar Capital Finance Limited in the news today?
IndoStar Capital Finance Limited (INDOSTAR) is in the news due to the sale of a loan portfolio is a strategic move to reduce stressed assets. while it involves a significant amount, the consideration is lower than the outstanding dues, indicating a neutral financial impact without further details.
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IndoStar Sells Commercial Vehicle Loan Portfolio for ₹108.55 Cr
December 29, 2025, 12:13 PM
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More Details on This News
IndoStar Capital Finance Limited has approved a transaction for the sale of a portion of its Commercial Vehicle Loan book to Phoenix ARC Private Limited. This move is part of the company's strategy to reduce its stressed portfolio.
The sale involves dues outstanding of ₹135.73 crores, with a purchase consideration of up to ₹108.55 crores.
The accounts were resolved on December 29, 2025, in accordance with the Reserve Bank of India's Master Directions on Transfer of Loan Exposures.
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