
InCred Finance to acquire gold loans biz of TruCap Finance via slump sale
InCred Finance on Wednesday said it will foray into gold loans through the proposed acquisition, via slump sale, of the gold loans business of TruCap Finance Ltd. InCred Finance is a systemically important non-deposit taking NBFC registered with the RBI.TruCap is a listed, non-deposit-taking NBFC registered with the RBI. “This proposed acquisition will bring with...
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