Share via:
Founder Hardika Shah said that the existing investors are unlikely to infuse new capital into the NBFC
To avert the mounting credit payments, Shah said that the NBFC has signed a standstill agreement with its foreign creditors to seek more time for restructuring the INR 1,150 Cr debt
She added that the NBFC is simultaneously in the final stages of implementing a one-time settlement with domestic lenders
Troubled non-banking finance company (NBFC) Kinara Capital
is…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Founder Hardika Shah said that the existing investors are unlikely to infuse new capital into the NBFC
To avert the mounting credit payments, Shah said that the NBFC has signed a standstill agreement with its foreign creditors to seek more time for restructuring the INR 1,150 Cr debt
She added that the NBFC is simultaneously in the final stages of implementing a one-time settlement with domestic lenders
Troubled non-banking finance company (NBFC) Kinara Capital is…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
