KKR India Fin Services and InCred Finance agree to merge their lending businesses

KKR India Fin Services and InCred Finance agree to merge their lending businesses

Photo: Pixabay

A year after entering into talks for a partnership, American private equity giant KKR’s non-bank lending business KKR India Financial Services (KIFS) and InCred Financial Services, the retail and MSME lending business of InCred, have inked a deal to merge the two lending businesses.